SunSirs: On November 21st, the Price of Domestic Neopentyl Glycol Decreased by 1.98%
November 22 2023 09:44:40 SunSirs (John)
Product Name: Neopentyl Glycol
Latest price (November 21st): 9,900.00 RMB/ton
Analysis review
On November 21st, the domestic market price of neopentyl glycol slightly decreased, with a decrease of 200 RMB/ton compared to November 20th, a decrease of 1.98%, and a year-on-year increase of 10.41%.
The raw material isobutyraldehyde market had recently stabilized at a low level, with average cost support. The downstream polyester resin market was average, and downstream customers had weak enthusiasm for purchasing neopentyl glycol.
Market outlook
In the future, it is expected that the domestic market price of neopentyl glycol may fluctuate and decline slightly. The average market price is around 9,600 RMB/ton.
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