May 21 News – On May 21, Yantai Wanhua has a neopentyl glycol (NPG) capacity of 80,000 tons. The bulk NPG quotation is 8,850–9,000 RMB/ton, down 500 RMB/ton. Actual transaction prices are subject to negotiation. Downstream market is declining, and isobutyraldehyde (IBA) still faces downward pressure.
Chempricehub Analysis: NPG
Bullish/Bearish Rating: -1
Yantai Wanhua's 80,000-ton bulk NPG quotation has been significantly reduced by 500 RMB/ton to 8,850–9,000 RMB/ton. Actual transaction prices are negotiated on a case-by-case basis. Spot-side supply-demand support is weak, and the price trend is bearish.
Isobutyraldehyde (IBA)
Bullish/Bearish Rating: -1
The sharp decline in downstream NPG quotations has notably weakened demand-side support. IBA faces clear downward pressure, with spot prices trending bearish.
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