For the Quarter Ending December 2025
North America
• In USA, the Neopentyl Glycol Price Index fell by 5.67% quarter-over-quarter, reflecting abundant production domestically.
• The average Neopentyl Glycol price for the quarter was approximately USD 2137.00/MT, domestic FOB-Louisiana assessments.
• Neopentyl Glycol Spot Price was rangebound quarter, the Price Index suggesting equilibrium between regional supply and downstream demand.
• Neopentyl Glycol Demand Outlook shows steady automotive coatings demand supporting a neutral Price Index and limited near-term restocking.
• Neopentyl Glycol Price Forecast remains cautious with marginal upside absent significant feedstock or downstream demand acceleration short-term.
• Neopentyl Glycol Production Cost Trend stayed subdued as isobutyraldehyde and formaldehyde input costs remained stable.
• High inventories and moderate export demand pressured the Neopentyl Glycol Price Index, prompting selective distributor promotions and flexible allocations.
• Major Gulf Coast producers maintained runs, limiting spot availability while buyers pursued disciplined procurement and allocations, tempering volatility.
Why did the price of Neopentyl Glycol change in December 2025 in North America?
• Ample domestic production and high inventories reduced upward pressure, softening demand and limiting spot activity.
• Stable isobutyraldehyde and formaldehyde feedstock costs contained production cost pressures, moderating seller pricing flexibility thereby.
• Muted downstream procurement ahead of holidays and cautious distributor restocking reduced short-term buying and market momentum materially.
APAC
• In China, the Neopentyl Glycol Price Index fell by 15.58% quarter-over-quarter, driven by capacity additions.
• The average Neopentyl Glycol price for the quarter was approximately USD 1004.00/MT, FOB Qingdao assessments.
• Recent Neopentyl Glycol Spot Price weakness reflected seller discounts amid elevated inventories and subdued buying.
• Neopentyl Glycol Price Forecast expects continued softness into year-end before recovery after Lunar New Year.
• Neopentyl Glycol Production Cost Trend eased as methanol and formaldehyde prices softened, lowering cash costs.
• Neopentyl Glycol Demand Outlook remains weak with coatings and resin postponing purchases amid high inventories.
• Neopentyl Glycol Price Index shows exporters trimming parcels while suppliers increase spot availability clearing stock.
Why did the price of Neopentyl Glycol change in December 2025 in APAC?
• Continued high domestic production and capacity additions increased supply, overwhelming subdued downstream demand and inventories.
• Softer feedstock costs, notably formaldehyde and methanol, reduced producer cash costs, enabling deeper seller discounts.
• Year-end destocking, weak export arbitrage, and cautious purchasing suppressed spot buying, reducing short-term price support.
Europe
• In Germany, the Neopentyl Glycol Price Index fell by 5.753% quarter-over-quarter, reflecting subdued demand patterns.
• The average Neopentyl Glycol price for the quarter was approximately USD 1714.67/MT, per trade data.
• Neopentyl Glycol Spot Price was pressured by year-end destocking and elevated distributor inventories reducing liquidity.
• Neopentyl Glycol Price Forecast suggests downside near-term, constrained by weak export orders and subdued demand.
• Neopentyl Glycol Demand Outlook mixed; automotive coatings support offset by weak construction and polyester demand.
• Neopentyl Glycol Price Index signalled exporters adjusting offers to retain market share amid intense competition.
• Elevated inventories and weaker exports pressured offers while producers maintained operating rates across German plants.
Why did the price of Neopentyl Glycol change in December 2025 in Europe?
• High distributor inventories and year-end destocking reduced buying urgency, weakening local demand and compressing margins.
• Stable feedstock costs limited upward pressure, while import competition and weak exports reduced domestic pricing.
• Producers ran at rates but offered competitive bulk parcels, increasing spot availability and depressing offers.
For the Quarter Ending September 2025
North America
• In the USA, the Neopentyl Glycol Price Index fell by 13.6% quarter-over-quarter, reflecting oversupply regionally.
• The average Neopentyl Glycol price for the quarter was approximately USD 2280.67/MT FOB-Louisiana based on estimates.
• Neopentyl Glycol Spot Price weakened as steady feedstock lowered margins, pushing down the Price Index.
• Neopentyl Glycol Price Forecast indicates declines while Neopentyl Glycol Production Cost Trend eases across plants.
• Neopentyl Glycol Demand Outlook remains weak with coatings and construction restocking deferred amid affordability concerns.
• High Gulf Coast inventories supported supply, limiting upward pressure on the Neopentyl Glycol Price Index.
• Export demand softened from tariff uncertainty, reducing liftings and depressing the Neopentyl Glycol Spot Price.
• Major producers maintained full rates to meet contracts, constraining any upside in the Price Index.
Why did the price of Neopentyl Glycol change in September 2025 in North America?
• Ample feedstock flows lowered production costs, allowing sustained output and contributing to downward price pressure.
• Subdued downstream demand from coatings and construction limited offtake, reducing spot purchases and softening pricing.
• Tariff uncertainty and cautious buyer inventory management curtailed export demand and restrained price recovery prospects.
APAC
• In China, the Neopentyl Glycol Price Index fell by 16.65% quarter-over-quarter, reflecting ample inventories domestically.
• The average Neopentyl Glycol price for the quarter was approximately USD 1189.33/MT FOB-Qingdao, reflecting subdued demand.
• Neopentyl Glycol Spot Price softened, exporters offered discounts to clear inventories, pressuring the Price Index.
• Neopentyl Glycol Price Forecast shows modest volatility ahead, contingent on feedstock availability and restocking patterns.
• Neopentyl Glycol Production Cost Trend muted from stable formaldehyde, limiting upward pressure on Price Index.
• Neopentyl Glycol Demand Outlook soft weak construction and exports fail to support Price Index domestically.
• Inventory accumulation and port congestion prompted discounts by sellers, accelerating Neopentyl Glycol Price Index decline.
• Capacity additions and cautious destocking constrained recovery, keeping Neopentyl Glycol Spot Price, Price Index subdued.
Why did the price of Neopentyl Glycol change in September 2025 in APAC?
• Elevated inventories and weak construction, subdued exports reduced demand, driving Neopentyl Glycol Price Index lower.
• Stable formaldehyde costs preserved margins, removing feedstock-driven upside and limiting Neopentyl Glycol Price Index recovery.
• Port disruptions increased inland stocks, prompting sellers to discount, further compressing Neopentyl Glycol Price Index.
Europe
• In Germany, the Neopentyl Glycol Price Index fell by 8.58% quarter-over-quarter, driven by persistent oversupply.
• The average Neopentyl Glycol price for the quarter was approximately USD 1819.33/MT FOB-Hamburg, reflecting market equilibrium.
• Neopentyl Glycol Spot Price remained pressured as the Neopentyl Glycol Price Index showed downstream weakness.
• Neopentyl Glycol Price Forecast signals modest near-term declines before stabilization, per seasonal and forward indicators.
• Neopentyl Glycol Production Cost Trend eased slightly as formaldehyde and fuel inputs remained relatively stable.
• Neopentyl Glycol Demand Outlook remains weak as construction and coatings procurement stays subdued across Germany.
• Inventory accumulation from steady production and port congestion pressured export flows, weighing on Price Index.
• Major German producers ran steady, adding supply to spot market and limiting price recovery locally.
Why did the price of Neopentyl Glycol change in September 2025 in Europe?
• Sustained domestic production and continuous feedstock inflows created surplus, extending downward pressure on prices.
• Port congestion and inland logistics delays caused stockpile accumulation, disrupting flows, and depressing Price Index.
• Muted construction and coatings procurement, uncertainty reduced offtake, sustaining bearish Neopentyl Glycol Price.
For the Quarter Ending June 2025
North America
• The Neopentyl Glycol (NPG) Spot Price in North America remained stable with a slight change of 0.015% quarter-over-quarter in Q2 2025, reflected in a stable Price Index.
• In the second quarter of 2025, the North American NPG market, particularly in the USA, exhibited a mixed Price Index trend influenced by shifts in demand, input costs, and weather disruptions.
• Early in the quarter, the NPG Price Index remained steady, supported by stable feedstock costs, consistent manufacturing activity, and adequate inventories across domestic markets.
• Economic uncertainties and muted construction activity led to subdued downstream demand, keeping procurement levels moderate and the Price Index stable.
• A brief uptick in the Price Index was observed mid-quarter, driven by a temporary increase in feedstock costs and restocking activities from downstream buyers.
• Toward the end of the quarter, the NPG Price Index began to decline as feedstock costs eased and purchasing activity slowed, particularly from sectors like construction and coatings.
• Disruptions from severe weather, including flooding and power outages, further constrained construction-related demand, contributing to sustained downward pressure on the Price Index.
Why did the price of Neopentyl Glycol change in July 2025 in the US?
• The price of NPG in North America began to decline in July 2025 due to persistent weakness in demand from both domestic and international markets.
• Ample availability of feedstock formaldehyde kept production costs low and manufacturing stable, adding downward pressure on the price index.
• Despite concerns over potential supply chain disruptions from hurricane activity, inventory levels remained sufficient, maintaining supply stability and contributing to the gradual price decline.
APAC
• The Neopentyl Glycol (NPG) Spot Price in APAC decreased by 1.72% quarter-over-quarter in Q2 2025, reflecting a bearish Price Index.
• The NPG market in China observed a fluctuating trend during the second quarter of 2025, with the Price Index initially rising in April due to strong downstream demand from the paints and coatings segment, supported by a healthy construction sector.
• Despite steady production levels and stable availability of feedstock formaldehyde, tight logistics and persistent port congestion across North and Central China led to inventory accumulation, gradually influencing the Price Index.
• Moving into May, the Price Index experienced softening as downstream demand stabilized and macroeconomic indicators, including declining new order indexes and export orders, pointed to broader market weakness.
• By June, the Price Index continued to decline, driven by weak consumption from end-use sectors like construction and automotive, alongside easing input costs of isobutyraldehyde and formaldehyde.
• Throughout the quarter, the supply side remained consistently well-stocked, while demand failed to show significant recovery, keeping the Price Index under persistent downward pressure in the Chinese domestic market.
Why did the price of Neopentyl Glycol change in July 2025 in APAC?
• The price of NPG in APAC began declining in July 2025 due to a narrowed gap between supply and demand, with supply outpacing modest demand recovery.
• Domestic production continued at healthy levels, supported by stable feedstock formaldehyde availability and lower production costs, which added downward pressure on the price.
• International demand remained subdued, while domestic consumption showed signs of improvement but remained below expectations.
Europe
• The Neopentyl Glycol (NPG) Spot Price in Europe increased by 6.18% quarter-over-quarter in Q2 2025, reflecting a bullish Price Index.
• During the second quarter of 2025, the price index of NPG in the German market displayed a largely stable to slightly declining trend, influenced by a balance between supply and demand.
• Feedstock formaldehyde costs remained steady throughout the quarter, offering consistent production cost support and preventing major pricing volatility.
• Early in the quarter, the German construction sector showed minor signs of recovery, but overall demand remained weak due to high interest rates and continued inflationary pressure.
• Despite seasonal expectations, domestic consumption remained below projections, and international demand stayed moderate, limiting upward momentum in the price index.
• On the supply side, domestic production remained steady, backed by sufficient inventories and healthy feedstock availability, even as port congestion and adverse weather disrupted outbound logistics.
• Later in the quarter, the price index recorded modest declines as subdued downstream activity, especially in the construction sector, persisted, and inventory accumulation increased across the region.
Why did the price of Neopentyl Glycol change in July 2025 in Europe?
• NPG prices in Europe began to decline in July 2025 due to persistent logistical delays at major Northern European ports, including Hamburg and Antwerp, which led to stockpile accumulation and localized oversupply.
• Feedstock formaldehyde prices remained stable, resulting in low production costs and enabling steady manufacturing activity, which added further supply pressure to the market.
• Demand from downstream sectors, particularly construction and industrial coatings, remained inconsistent and generally subdued, limiting market offtake.
For the Quarter Ending March 2025
North America
During Q1 2025, the U.S. Neopentyl Glycol (NPG) market witnessed a consistent upward trajectory in prices, largely attributed to pronounced supply-side disruptions. Prolonged freezing temperatures across key manufacturing regions severely impacted production activity, leading to operational slowdowns and logistical challenges that constrained overall market availability. These supply limitations were further intensified by OQ Chemicals’ announcement of increased official price quotations for NPG, amplifying upward pricing pressure.
Meanwhile, the import volumes offered little relief, as international shipments were also delayed by persistent logistical bottlenecks. On the demand front, activity from the construction sector—the primary consumer of NPG for coatings and resins—remained modest yet stable.
Notably, U.S. construction spending grew by 2.9% year-on-year in February. Private construction investment rose 0.9%, while residential construction advanced 1.3%, with spending on new single-family housing up 1.0%. This steady demand, combined with tight supply conditions and elevated production costs, contributed to sustained price increases for NPG across the U.S. market throughout the first quarter.
APAC
During Q1 2025, the Asian Neopentyl Glycol (NPG) market displayed divergent pricing trends across key regional markets. In India, NPG prices followed a modest upward trajectory, underpinned by steady demand from the construction sector. The Indian government’s continued capital expenditure on large-scale infrastructure projects—such as highway expansions and railway modernization—supported the consumption of construction-related materials. This indirectly boosted demand for NPG, particularly in the paints and coatings sector, which is a significant downstream consumer. Furthermore, price hikes implemented by major global producer OQ Chemicals added upward pressure on import costs, reinforcing the bullish sentiment in the Indian market. In contrast, the Chinese NPG market remained largely stable throughout the quarter. Market participants reported steady inquiry levels with no significant fluctuations in buying activity. Domestic supply conditions were adequate, which helped keep prices relatively unchanged. Overall, while India experienced firming prices supported by external and infrastructure-driven factors, the Chinese market maintained a balanced position amid stable demand and sufficient availability.
Europe
During the first quarter of 2025, the European Neopentyl Glycol (NPG) market exhibited notable price fluctuations, with Germany standing out as one of the most impacted countries. In the initial phase of the quarter, prices experienced a decline, largely attributed to weak demand from the construction sector, a key downstream consumer of NPG. The German construction industry, in particular, faced ongoing challenges such as high financing costs, labor shortages, and bureaucratic inefficiencies. These factors significantly hindered construction activity, leading to reduced consumption of construction-related materials, including NPG, especially in applications like paints and coatings. However, as the quarter progressed, market conditions shifted, and NPG prices began to rise. The upward trend was supported by global price hikes initiated by OQ Chemicals, a major producer of NPG. These price adjustments increased the cost of imported NPG, exerting additional pressure on domestic pricing. As a result, the European NPG market saw a firming in prices in the latter part of the quarter, despite persistent headwinds from the construction sector.
