Supply is tightening and raw materials are rising! The price of neopentyl glycol may hit a new high!

As the major isobutyraldehyde manufacturers Tianjin Bohai Chemical, Lanfan Chemical and Huachang all have corresponding maintenance plans in August, the domestic isobutyraldehyde market price has continued to rise, and the current average market price has reached 20,300 CNY/ton. Affected by the continuous rise in the market price of isobutyraldehyde, the downstream neopentyl glycol prices have also continued to rise, which has reached RMB 20,633.33/ton.

Supply is tightening, octanol prices hit new highs, downstream products are rising

The continuous increase in the market price of isobutyraldehyde is closely related to the changes in the price of octanol in the upstream market. The current domestic ex-factory price of octanol is RMB 1,8750.00/ton, which is relatively stable compared to the price increase of other raw materials.

However, according to industry insiders, the overhaul of large octanol plants in August will become a major factor in changing market prices. It is reported that the octanol plant in North China is planned to be shut down for maintenance, and the Tianjin Bohua Yongli octanol plant plans to shut down the butanol plant in August, but the specific shutdown date is not yet fully clear. It is reported that the shutdown of the octanol plant in North China will cause some DOP and DOTP devices The start of construction will be affected.

At the same time, Shandong Lanfan's octanol plant has an overhaul plan in August. Affected by the supply of upstream public works, the plant will stop for a long time, which will cause emergency supply in the domestic octanol market, and the price will also increase to varying degrees. The upstream market price Rising, there will definitely be downstream users to pay, which will boost the confidence of the domestic isobutyraldehyde market.

In the past week, domestic isobutyraldehyde prices have seen two rounds of increases. In August, with the upstream price of octanol rising and the maintenance of the three leading enterprises of isobutyraldehyde, the price of isobutyraldehyde will see a new round of rise. According to industry insiders, the full line of isobutyraldehyde plants is currently in normal production, and the inventory is relatively low, and the price is 20,300 CNY/ton.

The price of Neopentyl Glycol may hit a new high

According to industry insiders, due to the continuous increase in the price of upstream raw materials, some neopentyl glycol companies have been unable to withstand the pressure brought about by rising raw material prices. Therefore, in the past ten days, domestic neopentyl glycol prices have risen three times. Round, a cumulative increase of 4.5%.

Affected by various factors, some people in the industry said: The current domestic neopentyl glycol prices are still very strong. Therefore, the price of neopentyl glycol may hit a new high in August.

In the long run, the main downstream of neopentyl glycol is Polyester Resin for powder coatings. Under the background of national carbon neutrality, there will be more and more room for development of powder coatings. There will be more and more, and while maintaining the quantity, there will be high requirements for the quality of neopentyl glycol.

According to industry insiders, under the background of the continuous skyrocketing prices of various raw materials, the polyester industry chain and powder coating industry chain will face the most important test of this year in 2021, and the relationship between upstream and downstream companies will gradually change. It became more subtle, in a situation of falling in love and killing each other.