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Home  > Markets & companies  > Raw materials market  > BASF increases price for Neopentylglycol

Thursday, 26 November 2020
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Markets & companies, Raw materials market

BASF increases price for Neopentylglycol

Monday, 16 November 2020

With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol.

The BASF headquarters in Ludwigshafen on the Rhine. Picture source: BASF.

The BASF headquarters in Ludwigshafen on the Rhine. Picture source: BASF.

Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticisers.

The price increase for Neopentylglycol is as follows:

  • Europe + EUR 150/ton (MT)
  • Asia (w/o China) + USD 180/ton (MT)
  • South America + USD 180/ton (MT)
  • North America + USD 0.08/pound (LB)

More information

Always up-to-date prices for important coating raw materials can be found in the European Coatings Price Ticker. The service is designed to help coatings manufacturers negotiate with their suppliers on an equal footing with transparent data.

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