Price Watch
Buy Now
Book a Demo

Neopentyl Glycol (npg) Price Trend and Forecast

UNSPC code: 12352100
|
⟳ Weekly Update
|
Historical Data Since 2015
|
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™ provides real-time price assessments and price forecasts for Neopentyl Glycol (NPG) across top trading regions:

Neopentyl Glycol (NPG) Regional Coverage    Neopentyl Glycol (NPG) Grade and Country Coverage    Neopentyl Glycol (NPG) Pricing Data Coverage Explanation   
 

 

 

 

 

 

 

 

Asia Neopentyl Glycol (NPG) 

Pricing Analysis 

 Neopentyl Glycol Flakes (99.5% min purity) FOB Prices at Shanghai Port, China    Weekly Price Update on Neopentyl Glycol Flakes (99.5% min purity) Real-Time Export Prices from Shanghai Port, China to Global Markets   
Neopentyl Glycol Flakes (99.2% min purity) FOB Prices at Busan Port, South Korea    Weekly Price Update on Neopentyl Glycol Flakes (99.2% min purity) Real-Time Export Prices from Busan Port, South Korea to Global Markets   

 
Neopentyl Glycol Flakes (99.2% min purity) CIF Prices at JNPT Port, West India, Imported from South Korea    Weekly Price Update on Neopentyl Glycol Flakes (99.2% min purity) Real-Time Import Prices at JNPT Port, West India from South Korea   
Neopentyl Glycol Flakes (99.2% min purity) CIF Prices at Jakarta Port, Indonesia, Imported from South Korea  Weekly Price Update on Neopentyl Glycol Flakes (99.2% min purity) Real-Time Import Prices at Jakarta Port, Indonesia from South Korea  
Neopentyl Glycol Flakes (99.5% min purity) CIF at JNPT Port West India, Imported from China   Weekly Price Update on Neopentyl Glycol Flakes (99.5% min purity) Real-Time Import Prices at JNPT Port, West India from China 

 
Neopentyl Glycol Flakes (99.2% min purity) Ex-Mumbai Domestic Prices, West India    Weekly Price Update of Neopentyl Glycol Flakes (99.2% min purity) Real-Time Domestic Prices in Mumbai, West India   
North America Neopentyl Glycol (NPG) 

Pricing Analysis 

 

 Neopentyl Glycol Flakes (99% min purity) FOB Prices at Houston Port, USA    Weekly Price Update on Neopentyl Glycol Flakes (99% min purity) Real-Time Export Prices from Houston Port, USA to Global Markets   
South America Neopentyl Glycol (NPG) 

Pricing Analysis 

 

 Neopentyl Glycol Flakes (99.5% min purity) CIF Prices at Santos Port, Brazil, Imported from China  Weekly Price Update on Neopentyl Glycol Flakes (99.5% min purity) Real-Time Import Prices at Santos Port, Brazil from China 
Neopentyl Glycol Flakes (99.2% min purity) CIF Prices at Santos Port, Brazil, Imported from South Korea    Weekly Price Update on Neopentyl Glycol Flakes (99.2% min purity) Real-Time Import Prices at Santos Port, Brazil from South Korea 
Europe Neopentyl Glycol (NPG) 

Pricing Analysis 

 

 Neopentyl Glycol Flakes (99.2% min purity) CIF Prices at Mersin Port, Turkey, Imported from South Korea  Weekly Price Update on Neopentyl Glycol Flakes (99.2% min purity) Real-Time Import Prices at Mersin Port, Turkey from South Korea 

 

 

Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Neopentyl Glycol Price Trend Q1 2026

During the first quarter of 2026, the prices of Neopentyl Glycol in the international market have dropped in the initial phase, mainly because of adequate supply and conservative purchase behavior among traders. The drop has been fuelled by reduced prices for the raw materials of isobutyraldehyde and formaldehyde, as well as efficient logistics and minimal interruptions in the value chain.

Equitable production rates and discussions among the buyer and seller have maintained a consistent volume of transactions despite the lack of significant activities. The trend of prices for Neopentyl Glycol in the international market has been influenced by lowered costs of raw materials, adequate supply, and stable demand from end-user industries such as construction, automobiles, and chemical production.

Despite adequate supply, competitive pricing and buyer reluctance to pay higher prices have further impacted the market until stabilizing towards the latter phase of the quarter. In March 2026, prices for Neopentyl Glycol in the international market have risen, largely owing to the Iran-USA conflict and resultant supply interruptions. Shortage and logistics constraints have motivated buyers to buy their quantities immediately, leading to rising prices.

Indonesia: Neopentyl Glycol Imported prices CIF Jakarta (South Korea), Indonesia, Grade- Flakes (99.2% min purity)

In Q1 2026 Neopentyl Glycol prices in Indonesia declined initially, influenced by ample import availability and cautious buying as market participants anticipated potential price increases later in the quarter. Softer FOB offers from South Korea, along with easing feedstock costs such as propylene and formaldehyde, added downward pressure during the early phase. At the same time, intermittent supply chain disruptions and ongoing negotiations between buyers and sellers shaped trading activity, keeping sentiment measured.

The Neopentyl Glycol price trend in Indonesia reflected relatively stable conditions with slight fluctuations, as steady demand from construction and coatings sectors offered some support. However, comfortable supply levels and softer upstream costs continued to limit any strong upward movement through most of the quarter.

In Indonesia, Neopentyl Glycol prices in March 2026 increased by 15-20%, driven by supply disruptions linked to the Iran-USA war and rising geopolitical uncertainty. Buyers moved quickly to secure volumes amid tightening availability, pushing prices higher.

Brazil: Neopentyl Glycol Imported prices CIF Santos (China), Brazil, Grade- Flakes (99.5% min purity)

In Q1 2026 Neopentyl Glycol prices in Brazil declined initially, pressured by ample import availability and cautious buying as participants waited for clearer price direction. Softer FOB offers from China and South Korea, along with easing feedstock costs such as propylene and formaldehyde, contributed to the early downward movement. Meanwhile, periodic supply chain disruptions and ongoing negotiations between buyers and sellers kept trading activity steady but restrained.

The Neopentyl Glycol price trend in Brazil reflected relatively balanced conditions with minor fluctuations, as stable demand from construction and coatings sectors provided some support. However, comfortable inventories and softer upstream cost trends continued to limit any significant upward momentum through most of the quarter.

In Brazil, Neopentyl Glycol prices in March 2026 increased by 20-25% for China-imported material and 25-30% for South Korea-imported material, driven by supply disruptions linked to the Iran–USA war and rising geopolitical uncertainty. Buyers rushed to secure cargoes amid tightening availability, pushing prices higher.

Turkey: Neopentyl Glycol Imported prices CIF Mersin (South Korea), Turkey, Grade- Flakes (99.2% min purity)

In Q1 2026 Neopentyl Glycol prices in Turkey declined during the early part of the quarter, mainly due to comfortable import availability and restrained purchasing activity as buyers stayed cautious amid expectations of possible price shifts ahead. Reduced FOB offers from key Asian suppliers, along with some easing in feedstock costs such as propylene and formaldehyde, contributed to the initial downward pressure. At the same time, ongoing negotiations between buyers and sellers and sufficient inventory levels influenced trading patterns, keeping the market tone steady.

The Neopentyl Glycol price trend in Turkey reflected largely stable conditions with mild fluctuations, as consistent demand from construction and coatings industries provided a degree of support. However, ample supply and relatively softer upstream values continued to prevent any strong upward movement throughout most of the quarter.

In Turkey, Neopentyl Glycol prices in March 2026 increased by 25% for South Korea imports, supported by tightening supply conditions. The Iran-USA war and heightened geopolitical uncertainty disrupted availability, prompting buyers to secure volumes more aggressively, which caused overall increase in prices in the quarter.

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

According to Price-Watch™, in the H1 of first quarter of 2026, there have been declines in the Neopentyl Glycol price in China due to oversupply and precautionary purchases as market players expected a correction in the market. Low feedstock costs, especially in relation to isobutyraldehyde and formaldehyde, coupled with smooth logistics conditions, have impacted the price trend.

The discussions have been ongoing; however, there have been no significant purchase activities since market participants are holding good inventories. Neopentyl Glycol price trend in China has been characterized by minor fluctuations and smooth transactions among market players, given that demand from the construction, automotive, and foam manufacturing industries remains constant despite some competitive pricing in the first quarter of the year.

In China, Neopentyl Glycol price in March 2026 have been increasing owing to the disruptions in the supply chain due to the Iran-USA war.

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

Neopentyl Glycol price in South Korea in Q1 2026 has lowered at first because of oversupply and restrained purchasing because of the anticipation of rising Neopentyl Glycol prices later in the quarter. Lower cost of feedstock such as propylene and formaldehyde, as well as energy, has caused initial negative pressure. The negotiations process between the two parties as well as sufficient stock level has affected the trading atmosphere.

Neopentyl Glycol price trend in South Korea has been characterized by the relatively even market situation with slight fluctuation because of constant demand in construction and coatings industries while mitigating the influence of bearish factors.

On the other hand, declining price on the upstream and enough supply has hindered any rapid price increase for the most part of the quarter. However, in South Korea, Neopentyl Glycol price in March 2026 has risen by 20% because of supply disruption due to Iran-USA war.

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

Neopentyl Glycol prices in the USA have fallen initially due to surplus inventory levels and conservative buying behavior on the part of consumers as they expected an increase in the price later during the quarter.

The lower upstream costs especially those of propylene and formaldehyde along with constant trends in energy costs have also contributed to the decrease in the initial period. Meanwhile, irregular supply chain operations and continuous negotiations between buyers and sellers have ensured moderate transaction rates.

Neopentyl Glycol price trend in the USA have shown a stable performance with small variations due to steady demand from the construction and coatings industry. Comfortable inventory levels coupled with reduced upstream costs have ensured limited rise in the product price throughout the period. In the USA, Neopentyl Glycol prices in March 2026 have risen by 20% due to disruption in supply resulting from Iran-US war.

India: Neopentyl Glycol Imported prices CIF JNPT (South Korea), India, Grade- Flakes (99.2% min purity)

Neopentyl Glycol price in India in Q1 2026 has been moving up steadily based on strong FOB offers from South Korea and China, rising shipping rates, and supply issues. The sentiment of Indian buyers has been cautious due to expectations of further rise in prices, whereas the process of price negotiation with producers has also impacted the closure of deals.

Volatility on the raw materials market, namely on propylene and formaldehyde markets, has been adding cost-side pressure, but the abundance of supplies during some periods prevented sharp price increases.

Neopentyl Glycol price trend in India has been characterized by gradually increasing prices within some fluctuations due to steady consumption of the product in construction and coatings industries.

In India, Neopentyl Glycol price in March 2026 has shown a 25% increase for the South Korean material and a 30% increase for the Chinese one because of supply shortages due to the war between Iran and India.

Neopentyl Glycol (NPG) Price Trend Analysis: Q4 2025

Prices of Neopentyl Glycol in the global market fell during Q4 2025, because of the abundant availability of raw materials as well as buyer caution when purchasing products, since they expected possible changes in market dynamics. Lower prices of feedstocks like isobutyraldehyde and formaldehyde, coupled with consistent supply of goods and minimized disruptions in the supply chain, have helped push prices down further. Meanwhile, controlled transactions have resulted from a consistent level of production and ongoing negotiations between the parties. The dynamics of the Neopentyl Glycol price in the global market has been affected by lower upstream prices, sufficient inventory volumes, and a stable level of demand among downstream industries like construction, automobile, and chemical industry. While there has been ample supply in the market, competition among sellers and buyers’ reluctance to buy at high prices have continued until market conditions became more stable later in the quarter. Neopentyl Glycol prices in the global market continued to fall in December 2025, amid low levels of demand from the downstream industries and comfortable supply of goods. Soft feedstock values and lackluster purchase activities pushed prices even further down.

Indonesia: Neopentyl Glycol Imported prices CIF Jakarta (South Korea), Indonesia, Grade- Flakes (99.2% min purity)

In Q4 2025 Neopentyl Glycol prices in India declined during the early part of the quarter, particularly for material imported from South Korea, influenced by comfortable supply levels and cautious buying as market participants limited purchases amid expectations of potential price shifts. Softer FOB offers from South Korea, along with easing feedstock costs such as propylene and formaldehyde, contributed to the initial downward pressure. At the same time, smoother supply chain conditions and ongoing negotiations between buyers and sellers shaped trading activity, keeping sentiment balanced. The Neopentyl Glycol price trend in India reflected relatively stable conditions with slight fluctuations, as steady demand from construction and coatings sectors provided some support. However, ample availability and softer upstream costs continued to restrict any notable upward movement through most of the quarter. In South Korea, Neopentyl Glycol prices in December 2025 increased by 1% for South Korea imports compared to previous month, supported by higher freight costs and firmer FOB offers. Improved buying activity and rising transportation expenses contributed to the slight upward adjustment in prices.

Brazil: Neopentyl Glycol Imported prices CIF Santos (China), Brazil, Grade- Flakes (99.5% min purity)

In Q4 2025 Neopentyl Glycol prices in Brazil declined, pressured by ample import availability and cautious buying as market participants delayed purchases while monitoring potential price changes. Softer FOB offers from China and South Korea, along with easing feedstock costs such as propylene and formaldehyde, contributed to the initial downward movement. Meanwhile, relatively stable supply chain conditions and ongoing negotiations between buyers and sellers kept trading activity steady but slightly subdued. The Neopentyl Glycol price trend in Brazil reflected relatively balanced conditions with minor fluctuations, as stable demand from construction and coatings sectors provided some support. However, comfortable inventories and softer upstream cost trends continued to limit any significant upward momentum through most of the quarter. In Brazil, Neopentyl Glycol prices in December 2025 declined by 3% for China-imported material and 1% for South Korea-imported material compared to previous month, influenced by competitive FOB offers and weak buying interest. Lower freight fluctuations and sufficient supply further contributed to the downward pressure on prices.

Turkey: Neopentyl Glycol Imported prices CIF Mersin (South Korea), Turkey, Grade- Flakes (99.2% min purity)

In Q4 2025 Neopentyl Glycol prices in Turkey moved on a declining trajectory during the initial phase of the quarter, largely influenced by ample material availability and cautious procurement strategies, as buyers remained watchful of potential price increases in the near term. Softer FOB offers from South Korea, coupled with some easing in upstream feedstock values such as propylene and formaldehyde, exerted downward pressure on market sentiment. At the same time, ongoing negotiations between buyers and sellers, along with comfortable inventory levels, continued to shape trading dynamics and kept overall activity measured. The Neopentyl Glycol price trend in Turkey reflected relatively stable conditions with mild variations, as steady demand from construction and coatings sectors provided some underlying support. However, sufficient supply and moderated upstream cost pressures limited any significant upward momentum across most of the quarter. In Turkey, Neopentyl Glycol prices in December 2025 compared to previous month increased by 3% for South Korea imports, supported by firmer supplier offers and slightly improved buying interest amid expectations of tighter availability. Strengthening sentiment and restocking activity towards the year-end further contributed to the modest rise in prices.

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

During Q4 2025, Neopentyl Glycol price in China have fallen at the beginning of the quarter, owing to the high availability and conservative buying stance amid expectations of price corrections. The softer feedstock prices, especially those of isobutyraldehyde and formaldehyde, coupled with good supply, have placed downward pressure on the prices of Neopentyl Glycol in China. Buyer-seller negotiations have been strong; however, purchases have been moderate amid the comfortable stock levels. Neopentyl Glycol price trend in China shows that prices have moved sideways amid the close monitoring of changes in supplies and export quotations. The stable production figures and steady demand from the construction, auto manufacturing, and foam manufacturing industries have maintained the supply-demand equilibrium amid the competitive pricing trend, which limited the rise in prices at the beginning of the quarter. In China, Neopentyl Glycol price in December 2025 have witnessed a further fall of 0.5% relative to November amid sufficient supply and weak downstream demand. The lower prices of the feedstocks and conservative buying stance have contributed to falling prices.

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

In Q4 2025 Neopentyl Glycol prices in South Korea declined, mainly due to comfortable supply levels and cautious procurement as buyers limited purchases while anticipating possible price movements. Softer feedstock costs, particularly for propylene and formaldehyde, along with stable energy rates, contributed to the initial downward pressure. At the same time, ongoing negotiations between buyers and sellers, combined with sufficient inventory availability, influenced overall trading sentiment. The Neopentyl Glycol price trend in South Korea reflected relatively balanced market conditions with slight fluctuations, as steady demand from construction and coatings sectors provided some support against cost-side weakness. However, easing upstream values and adequate domestic supply continued to restrict any strong upward momentum through most of the quarter. In December 2025, Neopentyl Glycol prices in South Korea increased by 1.5% compared to previous month, supported by improved buying activity. Slight tightening in spot availability and firmer feedstock sentiment encouraged sellers to lift offers marginally.

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

As of Q4 2025 Neopentyl Glycol prices in USA declined during the early part of the quarter, influenced by sufficient supply levels and cautious purchasing as buyers limited procurement while anticipating possible price changes. Softer feedstock costs, particularly for propylene and formaldehyde, along with stable energy trends, contributed to the initial downward pressure. At the same time, improved supply chain conditions and ongoing negotiations between buyers and sellers kept trading activity steady but restrained. The Neopentyl Glycol price trend in USA reflected a relatively stable market with slight fluctuations, as consistent demand from construction and coatings sectors offered some support. However, comfortable inventories and easing upstream costs continued to cap any strong upward momentum through most of the quarter. In December 2025, Neopentyl Glycol prices in USA declined by 2.5% compared to previous month, pressured by sufficient supply and subdued demand. Softer feedstock values and cautious procurement activity kept the market sentiment weak, leading to further price easing.

India: Neopentyl Glycol Imported prices CIF JNPT (South Korea), India, Grade- Flakes (99.2% min purity)

In Q4 2025 Neopentyl Glycol prices in India declined during the early part of the quarter, mainly due to ample import availability and cautious buying as market participants limited procurement while anticipating possible price movements. Softer feedstock costs, particularly for propylene and formaldehyde, along with relatively stable supply conditions, contributed to the initial downward pressure. Ongoing negotiations between buyers and sellers and comfortable inventory levels further influenced trading activity, keeping sentiment balanced. The Neopentyl Glycol price trend in India reflected a mild downward movement with moderate fluctuations, as steady demand from construction and coatings sectors provided some support. Overall, trading conditions remained stable, though easing upstream costs and sufficient supply continued to weigh on prices through most of the quarter. In December 2025, Neopentyl Glycol prices in India increased by 2.5% for South Korea imports and 0.5% for China imports compared to previous month, supported by higher freight rates and firmer FOB offers. Rising transportation costs and improved buying activity contributed to the slight upward adjustment in prices.

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.

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 Price Watch™?

Price Watch™ 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, Price Watch™ keeps you fully informed of market dynamics.

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

Track Price Watch'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.

Neopentyl Glycol (npg) Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

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.

Neopentyl Glycol (NPG) is a specialized organic compound widely used as a key intermediate in the production of resins and coatings. It is primarily utilized in the paints and coatings industry for the manufacture of polyester resins, powder coatings, and alkyd resins. Because it offers excellent chemical resistance, weather stability, and durability, Neopentyl Glycol is considered a critical raw material in construction, automotive, and industrial applications, and its market price significantly impacts the cost of coatings and resin-based products. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with market trends.

Prices for Neopentyl Glycol differ by location. Prices vary according to supply, demand, feedstock costs, and energy prices and are usually expressed per metric ton. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Neopentyl Glycol prices fluctuate due to changes in the cost of key feedstocks, particularly propylene and formaldehyde, as well as energy and crude oil prices, which directly influence overall production costs. Market dynamics are further shaped by production capacity utilization and demand from end-use industries such as paints, coatings, adhesives, and resins, especially in construction, automotive, and industrial manufacturing sectors.

The paints and coatings industry is the largest consumer of Neopentyl Glycol, where it is used as a vital intermediate for the production of polyester resins, powder coatings, and alkyd formulations required for surface protection and finishing. Additional demand stems from the adhesives, sealants, and plastics industries, which utilize Neopentyl Glycol to enhance durability, chemical resistance, and performance characteristics of end products. Beyond its primary role in the coatings and resins sector, chemical and specialty manufacturers also employ Neopentyl Glycol in the synthesis of various high-performance lubricants and plasticizers. Price-Watch™ analyses demand patterns across all these industries.

Neopentyl Glycol is produced through a controlled chemical synthesis starting from key feedstocks such as propylene and formaldehyde, involving processes like aldol condensation and subsequent hydrogenation. It is manufactured in specialized chemical facilities where intermediates such as isobutyraldehyde are reacted with formaldehyde under carefully regulated conditions, followed by purification to obtain the final product. Its production is typically carried out in integrated petrochemical complexes, where manufacturers manage process efficiency, feedstock integration, and environmental considerations associated with large-scale chemical manufacturing.

Neopentyl Glycol trade is shaped by regional supply-demand balances and the availability of key feedstocks, specifically propylene and formaldehyde. Asia, particularly China and South Korea, serves as a major production and export hub due to its well-established petrochemical infrastructure. Export volumes are largely driven by demand from the global paints, coatings, and resin industries and are influenced by fluctuations in feedstock availability, production rates, and periodic maintenance shutdowns at manufacturing facilities. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Although regional shortages can occur due to plant shutdowns, feedstock constraints, particularly the availability of propylene and formaldehyde, transportation bottlenecks, or sudden spikes in demand from the paints, coatings, and construction sectors, overall supply generally keeps pace with demand. Market availability may be temporarily tightened during maintenance turnarounds at production facilities. Pricing pressures can also arise from shifts in production economics and fluctuations in upstream raw material supply. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Neopentyl Glycol prices vary primarily by purity level and product form, as these factors influence its performance in resin and coating applications. It is typically traded in two main forms: flakes and molten/liquid. High-purity grades, which have minimal impurities and consistent quality, command a premium because they are essential for producing high-performance polyester resins and coatings. Price differences are driven by the specific quality requirements of the paints, coatings, and polymer industries. Price-Watch™ provides separate price assessments for each grade to ensure market transparency.

Prices for Neopentyl Glycol usually rise when demand increases rapidly, which is frequently driven by higher activity in the paints, coatings, and construction sectors (particularly for resin and coating applications). While spot buyers may face limited availability, longer lead times, or higher prices to secure volumes, suppliers often prioritize long-term contract customers. The availability of key feedstocks, especially propylene and formaldehyde, along with production rates and overall plant operating conditions, can significantly influence supply flexibility and impact global pricing. Price-Watch™ captures these market dynamics in real-time.

A major expense in the manufacturing of Neopentyl Glycol is energy, as its production process, particularly the controlled reactions, hydrogenation, and purification stages, requires consistent energy input. Prices for Neopentyl Glycol often rise as a result of producers passing on increased costs of natural gas, electricity, or steam to consumers. Upstream energy and petrochemical market developments also significantly affect feedstock costs, especially for propylene and formaldehyde, which are the primary raw materials required for its production. This is why prices in regions with cheaper energy and integrated petrochemical feedstocks tend to be lower, a correlation that Price-Watch™ analyses in its price assessments & market reports.

The availability and cost of feedstock, energy prices, transportation and logistics costs, import/export dynamics, the state of the acetone market, and the strength of regional derivative demand all affect Neopentyl Glycol prices by region. Prices are often lower in areas with integrated petrochemical complexes and favorable feedstock economics than in areas with limited local production or greater logistical expenses. Price-Watch™ tracks prices across all major regions to highlight these differences.

The future for the Neopentyl Glycol market is dependent on a number of factors, including energy prices, production capacity expansions and plant turnarounds, feedstock pricing trends (especially for propylene and formaldehyde), and demand growth in key consuming industries such as paints, coatings, construction, and automotive. Important factors include regional supply-demand balances, trade flows, seasonal activity in the construction and coatings sectors, and logistical expenses. The trajectory of the market is also shaped by environmental compliance standards and broader macroeconomic conditions that influence global resin and coatings demand. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Absolutely. Accurate forecasting allows you to time your purchases better, negotiate contracts more effectively, and budget more accurately. If Price-Watch™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Events that affect the production and logistics of Neopentyl Glycol, such as natural disasters, trade disputes, manufacturing accidents, feedstock supply disruptions, or economic downturns, can result in supply shortages and price volatility. Market dynamics can be significantly impacted by changes in demand from paints, coatings, and construction sectors, along with transportation constraints, plant shutdowns, or force majeure announcements at key manufacturing sites, often triggered by maintenance issues or environmental compliance requirements, and fluctuations in the availability of propylene or formaldehyde. Market uncertainty has also been heightened by global disruptions such as pandemics and trade tensions that affect the international flow of petrochemical intermediates. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Neopentyl Glycol industry.

Access Real-Time Neopentyl Glycol (npg) Price Trends
Access Real-Time Neopentyl Glycol (npg) Price Trends