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In North America, the Neopentyl Glycol pricing (NPG) market witnessed a downward trend backed by the ample availability and stable to narrow demand from the downstream Paints and Coatings, Automotive, and Construction during the fourth quarter of 2021. Further, relaxation in the feedstock Formaldehyde prices also contributed to the drop in values of Neopentyl Glycol (NPG) during this timeframe. However, NPG prices attained marginal gains of USD 40/ MT from October to November but in December, a steep decline in NPG prices was observed backed by lull trade activities and lower buying momentum due to year end. Hence, Neopentyl Glycol FOB Louisiana prices were assessed at USD 2610/MT showcasing a significant fall of around 5% since October.

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