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SunSirs: On October 27th, the Price of Domestic Neopentyl Glycol Increased by 0.47%

October 30 2023 09:48:47     SunSirs (John)

Product Name: Neopentyl Glycol

Latest price (October 27th): 10,600.00 RMB/ton

Analysis review

On October 27th, the domestic market price of neopentyl glycol slightly increased, with a price increase of 50 RMB/ton or 0.47% compared to October 26th, and a year-on-year increase of 5.30%.

The raw material isobutyraldehyde market had recently consolidated at a low level, with average cost support. The downstream polyester resin market had a good market situation, and downstream customers had increased 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 10,700 RMB/ton.

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