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Neopentyl Glycol (npg) Price Trend and Forecast

UNSPC code: 12352100
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

neopentyl glycol (npg) Price Trends by Country

cnChina
usUnited States
inIndia
idIndonesia
trTurkey
brBrazil
krSouth Korea

Global neopentyl glycol (npg) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Neopentyl Glycol (NPG) price assessment:

  • Flakes(99.5% min purity) FOB Shanghai, China
  • Flakes(99.2% min purity) FOB Busan, South Korea
  • Flakes(99% min purity) FOB Houston, USA
  • Flakes(99.2% min purity) CIF JNPT (South Korea), India
  • Flakes(99.2% min purity) CIF Jakarta (South Korea), Indonesia
  • Flakes(99.5% min purity) CIF JNPT (China), India
  • Flakes(99.2% min purity) CIF Mersin (South Korea), Turkey
  • Flakes(99.5% min purity) CIF Santos (China), Brazil
  • Flakes(99.2% min purity) CIF Santos (South Korea), Brazil
  • Flakes(99.2% min purity) Ex-Mumbai, India

Neopentyl Glycol (NPG) Price Trend Q3 2025

In Q3 2025, the global Neopentyl Glycol (NPG) market experienced a downward trend, with prices declining by around 10–20%. The dip was primarily driven by weaker demand from key downstream sectors such as polyester resins, coatings, and polyurethanes, coupled with softening orders from the automotive and construction industries. In spite of production levels staying largely stable, high inventories across major markets and cautious purchasing behavior among end-users applied additional downward pressure on prices.

China

Neopentyl Glycol (NPG) Export prices FOB Shanghai, China, Grade- Flakes (99.5% min purity).

In Q3 2025, Neopentyl Glycol (NPG) prices in China displayed a noticeable downward movement, with NPG prices in September 2025 ranging from USD 1050–1200/MT on an FOB China basis. The market trend during the quarter was influenced by the going down for feedstock costs for formaldehyde and butanal, following generally stable operating rates at major production facilities. Less demand from downstream polyester resins, coatings, and polyurethane sectors contributed to the weaker sentiment.

South Korea

Neopentyl Glycol (NPG) Export prices FOB Busan, South Korea, Grade- Flakes (99.2% min purity).

In Q3 2025, Neopentyl Glycol (NPG) prices in South Korea exhibited a notable downward movement, with NPG prices in September 2025 were between USD 1100–1250/MT on an FOB South Korea basis. The market trend during the quarter was influenced by declining feedstock costs, specifically formaldehyde and butanal, alongside stable production rates at major domestic facilities. Weakening demand from downstream sectors such as polyester resins, coatings, and polyurethanes further weighed on market sentiment.

USA

Neopentyl Glycol (NPG) Export prices FOB Houston, USA, Grade- Flakes (99% min purity).

In Q3 2025, Neopentyl Glycol (NPG) price trend in the USA had a noticeable downward movement, with NPG prices in September 2025 ranging between USD 1150–1300/MT on an FOB USA basis. The market trend during the quarter was swayed by less feedstock costs, including formaldehyde and butanal, along with mostly steady operating rates at major domestic production sites. Less demand from downstream applications, particularly in polyester resins, coatings, and polyurethanes, further weighed on market sentiment.

India

Neopentyl Glycol (NPG) import prices CIF JNPT, India, Grade- Flakes (99.2% min purity).

According to Price-Watch, in Q3 2025, Neopentyl Glycol (NPG) import prices into India showed a moderate downward trend, with NPG prices in September 2025 ranging between USD 1150–1300/MT on a CIF India basis. The price movement was mainly influenced by softer FOB prices from key suppliers in China and South Korea, coupled with steady freight rates. Weak demand from downstream industries, including polyester resins, coatings, and polyurethanes, added mild pressure on import pricing.

Indonesia

Neopentyl Glycol (NPG) import prices CIF Jakarta, Indonesia, Grade- (99.5% min purity).

In Q3 2025, Neopentyl Glycol (NPG) price trend in Indonesia exhibited a noticeable downward movement, with NPG prices in September 2025 ranging from USD 1150–1300/MT on a CIF Indonesia basis for products imported from South Korea. The market trend was influenced by softer FOB South Korea prices and steady freight conditions across regional shipping routes. Demand from downstream polyester resin and coatings industries remained quiet, which slightly weighed on market sentiment.

Turkey

Neopentyl Glycol (NPG) import prices CIF Mersin, Turkey, Grade- (99.2% min purity).

In Q3 2025, Neopentyl Glycol (NPG) prices in Turkey displayed a moderate downward movement, with NPG prices in September 2025 ranging between USD 1200–1350/MT on a CIF Turkey basis for products imported from South Korea. The market trend during the quarter was shaped by softer FOB South Korea pricing and steady freight rates across major shipping routes. Weakened demand from downstream polyester resin and lubricants sectors also weighed on market sentiment.

Brazil

Neopentyl Glycol (NPG) import prices CIF Santos, Turkey, Grade- (99.2% min purity).

In Q3 2025, Neopentyl Glycol (NPG) prices in Brazil displayed a moderate downward movement, with Neopentyl Glycol prices in September 2025 ranging between USD 1200–1350/MT on a CIF Brazil basis for products imported from South Korea and China. The Neopentyl Glycol price trend in Brazil was shaped by softer export prices from both supplying countries, along with stable freight rates and moderate import activity. Less demand from downstream coating resins and polyester applications further weighed overall sentiment, leading to quieter market dynamics.

Neopentyl Glycol (NPG) Price Trend Analysis: Q2 2025

According to PriceWatch in Q2 2025, Neopentyl Glycol price trend in the Chinese domestic market recorded a marginal decline of 0.71%, settling at USD 1395 per metric ton. The market remained relatively stable during the quarter, with only limited downward pressure driven by lackluster demand from downstream applications such as resins, coatings, and plasticizers.

While feedstock prices, particularly isobutyraldehyde and formaldehyde, remained largely steady, they provided minimal cost pressure to influence upward pricing. Export activity from China saw a modest improvement compared to Q1 yet remained subdued compared to historical averages. Domestic suppliers maintained competitive pricing to sustain market share amidst ongoing regional price competition.

Inventory levels remained manageable, but there was no substantial increase in restocking activity from end-users. Overall, the Chinese NPG market in Q2 was shaped by weak but steady consumption trends, relatively unchanged feedstock dynamics, and the absence of major disruptions or bullish factors. 

According to PriceWatch, In Q2 2025, Neopentyl Glycol price trend in the Indian market saw a mild decline, with CIF prices for Chinese-origin material decreasing by 1.41% to USD 1465 per metric ton, and Ex prices slightly softening by 0.73% to USD 1625 per metric ton. The overall decline was largely influenced by reduced export offers from Chinese suppliers and tepid demand across Indian downstream industries such as alkyd resins, powder coatings, and synthetic lubricants.

Buyers continued to follow a cautious procurement strategy, limiting purchases to immediate requirements amid expectations of further price softness. Adequate inventory availability, both from earlier imports and at domestic depots, allowed buyers to negotiate better prices. Freight rates remained stable, adding no significant upward pressure on landed costs.

While there was no drastic shift in supply conditions, the subdued end-user activity and muted restocking sentiment led to a soft market environment throughout Q2. The overall sentiment remained neutral to bearish, driven by weak demand and regional price alignment. 

In Q1 2025, NPG prices rebounded slightly by 2.86%, reaching USD 1366/MT. The recovery was supported by renewed procurement activity after the Lunar New Year holidays, particularly from the polyester resin and automotive coatings sectors. Rising feedstock costs and slightly lower plant operating rates in early January helped support firmer offers.

Additionally, expectations of stronger demand in the upcoming quarters led some buyers to engage in early restocking. However, overall price gains remained moderate as market participants remained cautious amid global economic uncertainties and conservative production planning. 

NPG prices rebounded in Q1 2025, with India Ex prices increasing sharply by 10.98% to USD 1637/MT and CIF China prices also rising by 5.46% to USD 1486/MT. The recovery was driven by a strong restocking wave post-holidays and increased activity in resin and coating segments with the start of new construction projects.

Rising raw material costs and limited early-quarter availability—especially from Chinese exporters still catching up after the Lunar New Year—further supported the upward price trajectory. Additionally, higher freight rates and strong domestic consumption gave Indian suppliers the confidence to push up Ex-Works offers significantly. 

Neopentyl Glycol (NPG) Price Trend Analysis: Q4 2024

Prices declined by 6.74% in Q4 2024, dropping to USD 1328/MT, reversing the gains of the prior two quarters. The decrease was largely driven by seasonal demand softening, particularly in construction-related applications. Many downstream manufacturers curtailed production in December due to year-end shutdowns and holiday slowdowns.

Meanwhile, feedstock prices fell amid easing oil and petrochemical markets, lowering production costs and putting downward pressure on market sentiment. Export orders also slowed due to global economic headwinds, resulting in higher inventory levels and prompting suppliers to reduce prices to stimulate offtake. 

Prices saw a notable correction in Q4 2024, with India Ex prices falling by 7.23% to USD 1475/MT and CIF prices declining by 6.50% to USD 1409/MT. The drop was mainly driven by reduced demand in the final quarter, as industrial output typically tapers off due to winter seasonality, year-end slowdowns, and holiday-related plant closures.

Additionally, a softening in feedstock prices and reduced global freight congestion contributed to the downward pressure. The influx of competitively priced Chinese imports also limited domestic suppliers’ pricing flexibility, leading to a more pronounced market correction. 

Neopentyl Glycol (NPG) prices continued to rise in Q3 2024, albeit at a slower pace of 2.08%, settling at USD 1424/MT. Demand from the paints and coatings sector remained strong due to ongoing infrastructure projects and appliance manufacturing. However, the pace of price increases moderated due to improved supply-side stability, as most plants returned to full operating rates.

Feedstock markets also remained relatively balanced, preventing any sharp cost escalations. Although buying momentum was steady, some resistance was observed among downstream users due to high inventory levels carried over from the previous quarter. 

In Q3 2024, Neopentyl Glycol (NPG) prices experienced mixed movement. India Ex prices declined by 2.93% to USD 1590/MT, while CIF prices rose slightly by 1.34% to USD 1507/MT. The correction in domestic prices was driven by softened buying activity and inventory adjustments following a strong Q2.

Some downstream users, particularly in the paint and coatings sector, adopted a cautious procurement approach amid high stock levels. In contrast, the minor increase in CIF prices was attributed to elevated shipping rates and supply constraints from a few Chinese suppliers dealing with logistical disruptions. Despite this, import volumes remained sufficient to balance the market. 

In Q2 2024, NPG (Neopentyl Glycol) prices saw a more pronounced increase of 5.52%, climbing to USD 1395/MT. The price surge was primarily supported by improved seasonal demand from the construction and automotive coatings sectors. Warmer weather boosted consumption of polyester resins and powder coatings, driving greater offtake from NPG suppliers.

Additionally, tightening availability of key feedstocks and temporary production slowdowns at select facilities due to maintenance activities led to firmer market conditions. Export demand also picked up, especially from South Asia and the Middle East, contributing to a stronger pricing environment. 

Neopentyl Glycol (NPG) prices continued to strengthen in Q2 2024, with India Ex prices climbing by 3.15% to USD 1638/MT and CIF prices increasing by 7.29% to USD 1487/MT. The increase was largely fuelled by strong seasonal demand for polyester resins and coatings, particularly from the construction and electronics industries.

Rising freight costs and limited availability from select Chinese exporters contributed to higher CIF offers, narrowing the price gap between imports and domestic supply. Indian producers responded to the strong downstream pull by moderately raising prices, supported by healthy order volumes and a stable cost environment. 

Prices edged up by 1.46% in Q1 2024, reaching USD 1322/MT, driven by restocking activity following the Chinese New Year holiday period. Production resumed across several sectors, particularly alkyd and polyester resin manufacturing, which utilize NPG as a key input. However, the price increase remained modest due to lingering macroeconomic concerns and fluctuating export demand.

Supply remained uninterrupted, with domestic producers operating at normal levels. A brief uptick in upstream costs also contributed to the mild price rise, though downstream buyers remained price-sensitive in their procurement strategies. 

Prices in Q1 2024 saw a marginal increase, with India Ex prices rising by 2.98% to USD 1588/MT and CIF China prices increasing by 2.97% to USD 1386/MT. The post-winter restocking trend and resumption of production activity after the holiday season fuelled moderate buying interest across resins and coating industries.

Additionally, stable upstream pricing for raw materials like isobutyraldehyde and pentaerythritol contributed to a steady cost environment. The Indian market also saw a slight improvement in sentiment due to increased infrastructure-related demand, while import prices rose in response to slightly tighter supply from East Asian producers undergoing maintenance. 

Technical Specifications of Neopentyl Glycol (npg) Price Trends

Product Description:

Synthesized from formaldehyde and isobutyraldehyde, both derived from petrochemical sources, Neopentyl Glycol (NPG) is a high-performance diol renowned for its exceptional chemical resistance, thermal stability, and low reactivity. These properties make NPG an ideal building block to produce a wide range of polymers, including polyesters, alkyd resins, and unsaturated polyesters.

Identifiers and Classification:

  • CAS No – 126-30-7
  • HS Code – 29053990
  • Molecular Formula – C5H12O2
  • Molecular Weight[g/mol] – 104.148


Neopentyl Glycol Synonyms:

  • 2,2-Dimethyl-1,3-propanediol
  • Trimethylolethane
  • 2,2-Dimethylpropane-1,3-diol
  • Dimethylolpropane


Neopentyl Glycol Grade Specific Price Assessment:

  • Flakes (99.5% min purity)
  • Flakes (99.2% min purity)
  • Flakes (99% min purity)


Neopentyl Glycol Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT, 10-15 MT
  • Packaging Type (Product & Country Specific): 25 kg Bags


Incoterms Referenced in Neopentyl Glycol Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  NPG Export price from China 
FOB Busan  Busan, South Korea  NPG Export price from South Korea 
FOB Houston  Houston, USA  NPG Export price from USA 
CIF JNPT_South Korea  Mumbai, India  NPG import price in India from South Korea 
CIF Jakarta_South Korea  Jakarta, Indonesia  NPG import price in Indonesia from South Korea 
CIF JNPT_China  Mumbai, India  NPG import price in India from China 
CIF Mersin_South Korea  Mersin, Turkey  NPG import price in Turkey from South Korea 
CIF Santos_China  Santos, Brazil  NPG import price in Brazil from China 
CIF Santos_South Korea  Santos, Brazil  NPG import price in Brazil from South Korea 

*Quotation Terms refers to the quantity range specified for the NPG being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for NPG packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Neopentyl Glycol Manufacturers

Manufacturer 
LG Chem  
Jiuan Chemical  
Sunec Chemical  
Henan GP Chemicals Co., Ltd.  
Eastman Chemical Company 

Neopentyl Glycol (npg) Industrial Applications

Neopentyl-glycol-market-share-end-use

Historically, several events have caused significant fluctuations in Neopentyl Glycol (npg) prices

  • COVID-19 Pandemic (2020): The pandemic caused disruptions in global supply chains and reduced industrial activity. The initial impact led to decreased demand and falling prices, followed by price volatility as industries began to recover. 
  • 2018-2019 Trade Tensions and Tariffs: Trade tensions between major economies, particularly between the US and China, led to tariffs and trade restrictions. These trade issues affected the supply chain and pricing of chemicals, including NPG. 
  • 2015-2016 Oil Price Decline: The significant drop in oil prices during this period affected many chemicals, including NPG, due to its dependence on petrochemical feedstocks. Lower oil prices led to decreased costs for raw materials, impacting NPG prices. 

 

These events underscore the NPG market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global neopentyl glycol (npg) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the neopentyl glycol (npg) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence neopentyl glycol (npg) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely neopentyl glycol (npg) market data.

Track PriceWatch's neopentyl glycol (npg) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major NPG production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire NPG supply chain, from raw material availability (e.g., naphtha, ethane) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact NPG prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on NPG production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in NPG demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global NPG production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming NPG production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global NPG pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast NPG prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable NPG pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Neopentyl Glycol (npg) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for neopentyl glycol (npg). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Several factors drive price changes in the Neopentyl Glycol (NPG) market, including fluctuations in raw material costs, particularly formaldehyde and isobutyraldehyde. Variability in crude oil prices also influences production expenses. Additionally, shifts in demand from key industries such as coatings, resins, and plastics, as well as supply chain disruptions, trade policies, and regulatory changes, contribute to price volatility. Keeping track of these elements helps procurement teams manage cost risks effectively.

The balance between global production capacity and market demand plays a major role in determining NPG prices. An increase in manufacturing capacity, particularly in high-production regions like China, can lead to competitive pricing. On the other hand, unexpected plant shutdowns, supply shortages, or regulatory constraints can create supply tightness, driving prices upward. Monitoring production trends helps businesses anticipate cost shifts and secure stable supply contracts.

Trade tariffs, import/export restrictions, and regional environmental regulations can significantly impact Neopentyl Glycol pricing. Additionally, logistics expenses, including freight charges and supply chain disruptions, vary across regions and affect the total procurement cost. Businesses sourcing NPG internationally should consider factors such as duties, shipping reliability, and lead times to optimize their purchasing strategy.

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