ethylene glycol price history

Posted by | November 12, 2020 | Uncategorized | No Comments

2020-11-06. Uses. Ethylene Glycol (EG)Industrial Grade in bags. Stay on top of ethylene glycol (EG) markets across all regions with ICIS news. Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. Sellers are still dealing with high production costs and poor contract margins. industrial grade (99.5% minimum purity); antifreeze grade (98% minimum purity); and fiber grade (99.8% minimum purity). Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. 21750 Hardy Oak Blvd Suite 104 ethylene glycol diacetate and unsaturated polyester resins. Later, The United States started semi-commercial production of ethylene glycol via ethylene chlorohydrination in the year 1917. Monoethylene Glycol, MEG) is an organic compound, more specifically a diol (a chemical compound that contains two hydroxyl groups). Demand into PET is expected to decline on seasonality with the approach of colder weather. Reference price of Ethylene Glycol (EG) is 560.98USD/MT, down 1.72% from 570.814USD/MT on 2020-11-06. The service is reliable, authoritative and always available when you need it most. Quickly access data such as: ICIS brings you breaking chemical news as it happens – including market moves, analysis, data and more. Ethylene Glycol Market: Ample Supply and Strong Demand, The Booming EG via Coal Method on the High Profits, Trade Alert - Delivering the latest product trends and industry news straight to your inbox. Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. Many polyester producers were covered by their contract supply and hence, they were not keen to purchase cargoes in the spot market. Make better business decisions by using our powerful analytics tools to gain a 360 degree view in today’s ethylene glycol markets. Derivatives. Chart images may be downloaded as JPG or PNG files*. 2017-07-31. Other applications of Ethylene Glycol are as humectant, plasticizer, softener, hydraulic fluid, and solvent. Speak to ICIS. Intratec provides Ethylene Glycol prices in several countries, as follows: Chart: Graphical representation of the data – you must hover the mouse over the price series to view the respective values plotted. 2017-08-21. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. Get the latest data, tools and insight for various ethylene glycol (EG) by-products – monoethylene glycol (MEG), triethylene glycol (TEG) and diethylene glycol (DEG) – with ICIS pricing and market intelligence. To know more about Ethylene Glycol production processes, click here. (**) Available only to subscribers of 'Business' plans. It is in fact the simplest diol and a major chemical commodity that, like other glycols, undergoes reactions common to monohydric alcohols forming esters, acetals, ethers, and similar products. With historical data from 1978 and forecast available up to 2040, this powerful data and analytics service from ICIS helps senior management, strategists, business planners, analysts and risk managers to: Working closely with you to understand your strategies, challenges and ambitions, the consulting team at ICIS delivers tailored advice and solutions to suit your unique requirements. Reference price of Ethylene Glycol (EG) is 570.814USD/MT, up 0.6% from 567.382USD/MT on 2020-11-05. There were no plans heard in Asia and the Middle East to increase production, given the weak margins. Demand for DEG into UPR and PU systems picked up just as supply became constrained. Whether you are buying or selling EG, ICIS provides you with the right pricing data, analytics, news and market analysis you need to confidently plan and make your trades, as well as shape future strategies and maintain a competitive advantage. Reference price of Ethylene Glycol (EG) is 560.98USD/MT, down 1.72% from 570.814USD/MT on 2020-11-06. Find out more about our EG methodology coverage here. Final: Calculations done utilizing official statistics. /analysis/ethylene-glycol-production-cost. Following Hurricane Laura in August, a third of US capacity was struck down, leading to tighter availability in Europe. It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. Confirmed deals, verified by both buyers and sellers, provide the foundation of our price assessments. Port inventories in China may drop amid an anticipated fall in imports in Q4. Production in Q3 fell as regional producers reduced operations to cope with poor margins. With the onset of winter, antifreeze demand for MEG is likely to increase, as is demand for TEG as a dehydrating agent to prevent natural gas pipes from freezing. Polyester producers had also cut operations amid rising cost pressure and polyester inventories. If it pass Echemi audit , supplier can get logo of certified business license. History of Mono-Ethylene Glycol. See a sample below or register for free to see much more. Downstream demand will slow down with the approach of the year-end lull season. The supplier purchased Echemi diamond member service. Monitor Prices for Ethylene Glycol and other 217 Commodities. Forecast: Estimates of what Intratec considers to be the most probable scenario for the upcoming months, as of the date such forecasts are updated. If demand for high-purity EO derivatives such as cleaning and hygiene products continues, producers could divert the feedstock away from less profitable glycols and this could constrain EG supply. Please find more information on the cookies used on our site here, Decide the best time and price to make the most profitable trade, Monitor global and regional trade flows, including supply-demand balances, Stay informed on breaking industry news that can move the market instantly, Be guided in your long-term planning and investment strategies, Make more informed production or commercial decisions, A global perspective from our worldwide network of reporters, Comprehensive coverage, including emerging markets, Regional expertise giving you superior market insight, Access to 900,000 articles and over 10 years of news archives, Identify, evaluate and optimise opportunities, Identify and manage financial or investment risks, Validate commercial and growth strategies. Get a long-term view of the market with ICIS Supply and Demand Data Service, which offers end-to-end perspectives of the EG markets. European consumers are opting to draw as much as possible from the discounted contracts, agreeing to maximum quantities where possible, in the face of climbing spot prices and reduced local supply from turnarounds. San Antonio, TX 78258-4946, Copyright © 2002-2020 Intratec Solutions, LLC. Our locally based experts provide in-depth regional price reports into specific chemical markets. Middle East supply is said to be tight due to cracker feedstock limitations. A short turnaround at BASF’s Antwerp EO/EG facility is expected to take place in end-October. Furthermore, the falling imports from the US and India also lent some support to prices. Our Commodity Price Database present: Formats. You can control cookies through your browser settings. All Rights Reserved. China. The turnaround season in the US is also expected to see falling exports to Asia. Reports focused on Ethylene Glycol production processes, presenting key process information, process flow diagrams, capital and operating costs. Chart Description. Our Pricing Methodology: ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising of consumers, producers, traders and distributors from more than 250 reporters worldwide.

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