Free Neopentyl Glycol pricing New York
- Location: New York, New York, NY
In Q1 2022, North America saw an increase in Neopentyl Glycol pricing due to volatility in the crude oil market, which has been affected by the Russia-Ukraine war. Feedstock propylene and isobutyraldehyde prices also increased with soaring crude and Natural Gas prices. The surge in demand for downstream paints and coatings, dyes, and fillers and the stoppage of all businesses between Russia and the USA following the conflict caused the prices to become firmer. An increase of 13.2% in Neopentyl Glycol in Q1 was seen in the USA as compared to the prices of the last quarter, which cover up all the costs, including high freight rates and other shipment charges increasing up to USD 3011/ton FOB Louisiana
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