SunSirs: On December 21st, the Price of Domestic Neopentyl Glycol Increased by 2.62%
December 22 2023 09:47:34 SunSirs (John)
Product name: Neopentyl glycol
Latest price (December 21st): 9,775.00 RMB/ton
Analysis review
On December 21st, the domestic market price of neopentyl glycol slightly increased, with a price increase of 250 RMB/ton compared to December 20th, an increase of 2.62%, and a year-on-year increase of 6.64%.
The market situation for raw material isobutyraldehyde had recently seen a slight increase, with increased cost support. The downstream polyester resin market was average, and downstream customers had average enthusiasm for purchasing neopentyl glycol.
Market outlook
It is expected that the domestic market price of neopentyl glycol will fluctuate upward slightly in the future. The average market price is around 9,900 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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- 2024-04-10 SunSirs: Cost Reduction, Weak Supply and Demand, Resulting in a Decline in the Price of Neopentyl Glycol This Week
- 2024-03-21 SunSirs: On March 20th, the Domestic Price of Neopentyl Glycol Decreased by 1.88%
- 2024-03-14 SunSirs: Under Dost Support, the Price of Neopentyl Glycol Increased by 0.63% within the Week
- 2023-12-20 SunSirs: Domestic Neopentyl Glycol Fell 0.52% This Week (December 11-17)
