Global Neopentyl Glycol (NPG) market experienced bullish market sentiments throughout the first half of May xxxx. Various surveys conducted underscored the flourishing state of the construction sector within the country throughout April, extending into May xxxx indicating towards consistent demand of material from prominent end-user construction sector. In addition to this, a slight shortage of NPG was observed in the market prompting the way for widened disparity between demand and supply.
During the first two weeks of May xxxx, the North American NPG market saw a slight surge in prices, primarily driven by a widening gap between demand and supply. Demand for NPG remained moderately high during this period, partly due to the resurgence in the construction and automotive sectors in the USA since February xxxx. The construction sector, in particular, experienced buoyant demand for NPG as the Spring buying season kicked off. With the onset of...
