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Prices of Neo-Pentyl Glycol

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The market of Neo-Pentyl Glycol witnessed an upward trajectory in the Asia Pacific region backed by the consistent demand from the downstream manufacturers in Q3 of 2021. In China, the prices of Neo-Pentyl Glycol rose effectively throughout the quarter due to the unexpected and unprecedented power supply crunch that forced factories to cut production and placed more strain on the global supply chain. Power shortages have also hit the southern province of Guangdong which is a major industrial and shipping hub in China. In India, after gaining a significant value last month, a marginal increase in the Neo-Pentyl Glycol pricing was observed in August. The prices rose from USD 2585 to USD 2929 per MT from July to September.



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