During the third quarter of 2024, the mono ethylene glycol prices in the USA reached 495 USD/MT in September. The mono ethylene glycol market faced a downturn in the third quarter of 2024, influenced by weak demand from downstream industries and an absence of significant cost support from feedstocks. Crude oil price fluctuations, combined with production and logistics disruptions due to adverse weather events, added to market challenges.

Explore IMARC’s newly published report, titled “Mono Ethylene Glycol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of mono ethylene glycol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The polyethylene glycol prices in Saudi Arabia for Q3 2024 reached 1,025 USD/MT in September. The market adjusted in response to fluctuating demand and competitive pricing pressures from international imports. A surge in demand, especially from pharmaceutical and industrial applications, drove prices up in August, though levels normalized by September.

In August 2024, the average ethylene glycol export price amounted to $527 per ton, remaining stable against the previous month.

The diethylene glycol (DEG) prices in the United States for Q2 2024 reached 875 USD/MT in June. The region experienced a decline in prices on account of reduced demand from the downstream sector and an oversupplied market. The construction industry’s downturn, worsened by economic headwinds and increasing mortgage prices, amplified this trend. Higher freight rates and volatile crude oil prices further contributed to the overall negative pricing environment.

The Kenyan ethylene glycol market was finally on the rise to reach $977K in 2024, after two years of decline. Overall, consumption posted a perceptible expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

The triethylene glycol prices in the United States for Q3 2024 reached 1240 USD/MT in September. During the quarter, triethylene glycol prices fell significantly due to reduced demand in key sectors like resins and antifreeze, along with severe weather disruptions. High interest rates also led to a downturn in the construction industry, limiting TEG usage, while decreased chemical exports worsened market conditions.

Explore IMARC’s newly published report, titled “Triethylene Glycol (TEG) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of triethylene glycol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

This statistic shows the ethylene glycol total costs and potential prices in the United States, Saui-Arabia, and Asia, as at 2012. As at 2012, the ethylene glycol total costs in the United States amounted to 336 U.S. dollars per ton, whereas the potential price amounted to 346 U.S. dollars per ton. Ethylene glycol is mainly used for the manufacture of antifreeze formulations and polyesters.

The EU ethylene glycol market expanded slightly to $2.2B in 2024, picking up by 4.4% against the previous year. In general, consumption, however, showed a mild slump. The level of consumption peaked at $2.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The propylene glycol prices in the United States for Q3 2024 reached 1260 USD/MT in September. The region saw sharp price declines, driven by a combination of ample supply and weakened demand across key sectors. Furthermore, the market reflected a cautious consumer outlook, prompting price adjustments to maintain competitiveness amid a consistently bearish environment and continued downward pressure.

In Q1 2024, the global MEG market experienced a mixed trend, driven by rising feedstock Ethylene prices and robust demand from key sectors such as Textile, automotive and Packaging. The North American region, European region, Kuwait and APAC region showed…

In 2024, the Pakistani ethylene glycol market was finally on the rise to reach $194M after two years of decline. In general, consumption, however, continues to indicate a pronounced shrinkage. Over the period under review, the market hit record highs at $279M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

The glycol ether prices in Germany for Q4 2023 reached 1279 USD/MT in December. The market experienced shifts in the last quarter of 2023 due to fluctuating ethylene oxide prices, which impacted production rates. The plant maintenance of Sasol in Marl further disrupted output. Reduced demand from personal care and cleaning industries, along with a drop in ethylene prices, concluded to lower production costs but continued economic challenges restrained market recovery.

Explore IMARC’s newly published report, titled “Glycol Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of glycol ether pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Explore the factors influencing ethylene glycol prices, including raw material availability, geopolitical elements, and supply chain dynamics. Learn how production methods, geographical differences, global demand, and environmental regulations affect pricing in industries like automotive, textiles, and packaging.

The neopentyl glycol (NPG) prices in the United States for Q3 2024 reached 2300 USD/MT in September. The market witnessed price rise from supply disruptions due to severe weather conditions and the rising demand from construction sector. Stable feedstock prices minimized cost pressures, while a persistent supply-demand imbalance continued to support a favorable pricing environment throughout the quarter.

Propylene glycol exports from the United States totaled 123K tons in 2023, growing by 1.6% against 2022 figures.

The polypropylene glycol prices in India for Q2 2022 reached 1420 USD/MT in June. The market saw a decrease during the second quarter due to weaker requirements from end-user sectors and stable supply levels. The lower cost of feedstock materials, along with adequate inventory, facilitated this price decline. Market conditions were also influenced by moderated cost pressures and steady consumption trends in the region.

Polypropylene Glycol Prices June 2022

Explore IMARC’s newly published report, titled “Polypropylene Glycol Pricing Report {PricingCurrentYear}: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polypropylene glycol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

After eight years of growth, the African ethylene glycol market decreased by -1.7% to $1.9B in 2024. In general, consumption, however, recorded prominent growth. Over the period under review, the market hit record highs at $1.9B in 2023, and then shrank in the following year.

The U.S. ethylene glycol market totaled $959M in 2024, surging by 9.9% against the previous year. In general, consumption, however, saw a pronounced decrease. Ethylene glycol consumption peaked at $1.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The butyl glycol prices in the Saudi Arabia for Q2 2024 reached 1440 USD/MT in June. The region saw substantial price drops, driven by seasonal fluctuations and high inventory. In addition to this, lower crude oil prices eased feedstock costs, but oversupply and reduced demand in end-use industries like paints and coatings, kept prices under pressure throughout the quarter.

The Polish ethylene glycol market declined rapidly to $141M in 2024, which is down by -29.8% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Ethylene glycol consumption peaked at $200M in 2023, and then reduced rapidly in the following year.