April 30 News – On April 30, Yantai Wanhua's neopentyl glycol (NPG) production capacity stands at 80,000 tons. The bulk NPG offer price is RMB 9,950–10,100/ton, down RMB 300/ton from the previous level. Transaction prices are subject to negotiation. The downstream market is weakening, while support from isobutyraldehyde price increases persists. Chempricehub's NPG bull/bear score: -1. As of April 30, Yantai Wanhua’s 80,000-ton capacity bulk NPG offer dropped by RMB 300/ton to RMB 9,950–10,100/ton. Combined with weakening downstream market conditions, spot prices are under pressure—a generally bearish signal. Isobutyraldehyde bull/bear score: 0.5. Currently, support from rising isobutyraldehyde prices, a raw material for NPG, remains in place. Its own price has upward momentum, which is mildly bullish for the market.
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