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Neopentyl Glycol pricing Trend and Forecast

The Neopentyl Glycol (NPG) process was persistently observed to move upwards in the second quarter of 2022. The volatility in the crude oil prices in the region influenced the downstream commodities. The upstream isobutyraldehyde prices were also raised due to the crude oil and natural gas surge. BASF has revised the Neopentyl Glycol Price in the North and South America region due to the increases in raw material costs. Demand from downstream paints & coatings, adhesives, and other driving sectors increased the prices of Neopentyl Glycol.<br><br>

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Neopentyl Glycol pricing Trend and Forecast

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  1. Neopentyl Glycol Price Trend and Forecast In the second quarter of 2022, the Neopentyl Glycol price rose persistently since the first quarter of 2022. Saudi Arabia increased the cost of exporting crude oil to the Asian countries at the end of the second quarter. In China, the supply chain is observing hindrances due to the COVID-related uncertainties, resulting in fluctuations in the producers’ quotations within a narrow range. Increasing demand for Neopentyl Glycol from the construction and automotive industries drives the APAC market. The cost pressure from upstream isobutyraldehyde affects the downstream industries in the region. The price of Neopentyl Glycol was recorded at INR 248040/MT on an Ex-Mumbai basis and USD 2600/MT on a FOB-Qingdao basis during the end of the second quarter. https://www.chemanalyst.com/Pricing-data/neopentyl-glycol-npg-1194

  2. Neopentyl Glycol Supply in Global Market

  3. prices of Neopentyl Glycol in the North and South America  The Neopentyl Glycol (NPG) process was persistently observed to move upwards in the second quarter of 2022. The volatility in the crude oil prices in the region influenced the downstream commodities. The upstream isobutyraldehyde prices were also raised due to the crude oil and natural gas surge. BASF has revised the prices of Neopentyl Glycol in the North and South America region due to the increases in raw material costs. Demand from downstream paints & coatings, adhesives, and other driving sectors increased the prices of Neopentyl Glycol. The eastern Europe war-related impacts affected the US market. The Neopentyl Glycol was settled at the end of the quarter, USD 3637/MT on a FOB Louisiana basis https://www.chemanalyst.com/Pricing-data/neopentyl-glycol-npg-1194

  4. Demand of Neopentyl Glycol online Market

  5. In Q1 2022, North America saw an increase in Neopentyl Glycol (NPG) prices

  6. In Europe, Neopentyl Glycol witnessed an upward trend during the second quarter of 2022 The Neopentyl Glycol (NPG) process was persistently observed to move upwards in the second quarter of 2022. The volatility in the crude oil prices in the region influenced the downstream commodities In the second quarter of 2022, the Neopentyl Glycol price rose persistently since the first quarter of 2022. Saudi Arabia increased the cost of exporting crude oil to the Asian countries at the end of the second quarter. In China

  7. Updated Neopentyl Glycol pricing online

  8. Contact Us: ChemAnalyst Contact No:- +1 3322586602 E-Mail:- sales@chemanalyst.com websites:- www.chemanalyst.com

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