May 19 – According to the Commodity Analysis System: On May 19, the bulk water market price of neopentyl glycol (NPG) at Luxi Chemical was reported at 8,000 RMB/ton, a decline of 200 RMB/ton compared to the previous trading day. The bulk water quotation for neopentyl glycol from Luxi Chemical has been lowered, while the downstream market for isobutyraldehyde is experiencing weak consolidation, increasing the downward pressure on isobutyraldehyde prices. Chempricehub's assessment of neopentyl glycol indicates a bearish-bullish score of -1. On May 19, the bulk water market price of neopentyl glycol at Luxi Chemical was 8,000 RMB/ton, down 200 RMB/ton from the previous trading day. The reduction in spot quotations exerts a generally bearish influence on its price. For isobutyraldehyde, the bearish-bullish score is -1. The declining quotation and weak consolidation of downstream neopentyl glycol have weakened demand-side support for isobutyraldehyde, increasing its downward pressure and exerting a generally bearish influence on its price.
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