ChemPriceHub, Oct. 29:
On October 29, Wanhua Chemical in Yantai reported a neopentyl glycol (NPG) production capacity of 80,000 metric tons per year. The quoted price for bulk NPG was RMB 9,750–9,900 per metric ton, reflecting a decrease of RMB 100 per metric ton. Actual transaction prices are primarily determined through negotiation. Downstream market conditions have deteriorated, intensifying downward pressure on isobutyraldehyde prices.
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