Product Name: Neopentyl Glycol
Latest price (September 6th): 10,033.33 RMB/ton
Analysis review
On September 6th, the domestic market price of neopentyl glycol slightly increased, with a price increase of 233.33 RMB/ton compared to September 5th, an increase of 2.38%, and a year-on-year decrease of 2.27%.
The market price of isobutyraldehyde, a raw material, recently increased significantly, leading to increased cost support. The market situation of downstream polyester resin was average, and downstream customers had average enthusiasm for purchasing neopentyl glycol.
Market outlook
In the future, it is expected that the domestic market price of neopentyl glycol may fluctuate upward slightly. The average market price is around 10,200 RMB/ton.
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