SunSirs: On March 20th, the Domestic Price of Neopentyl Glycol Decreased by 1.88%
March 21 2024 11:28:40 SunSirs (John)
Product name: Neopentyl glycol
Latest price (March 20th): 10,433.33 RMB/ton
Analysis review
On March 20th, the domestic market price of neopentyl glycol slightly decreased, with a decrease of 200 RMB/ton compared to March 19th, a decrease of 1.88%, and a year-on-year decrease of 1.57%. The market situation of raw material isobutyraldehyde had recently experienced a slight decline, with insufficient cost support. The downstream polyester resin market was average, with a strong wait-and-see atmosphere, and downstream customers had weak enthusiasm for purchasing neopentyl glycol.
Market outlook
It is expected that the domestic market price of neopentyl glycol will fluctuate downward slightly in the future. The average market price is around 10,300 RMB/ton.
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