Monitor Prices for Ethylene Glycol and other 217 Commodities. * Due to active EG trading in Asia, daily reports are available for our Asian coverage. In late August, Hurricane Laura shut down production in Louisiana, tightening supply to crisis levels. Check all the reports, tools and online databases currently offered by Intratec approaching . Indexes for adjusting the construction cost of Ethylene Glycol plants from one time period to another, covering 36 countries. Reports focused on Ethylene Glycol production processes, presenting key process information, process flow diagrams, capital and operating costs. Our short-to-long term solutions – from pricing, analytics, industry news and supply and demand data – /analysis/ethylene-glycol-production-cost. Gain quick access to data on import and export volumes, plant capacities, production, product trade flows, companies and route. Following Hurricane Laura in August, a third of US capacity was struck down, leading to tighter availability in Europe. Other applications of Ethylene Glycol are as humectant, plasticizer, softener, hydraulic fluid, and solvent. Downstream demand will slow down with the approach of the year-end lull season. Forecast: Estimates of what Intratec considers to be the most probable scenario for the upcoming months, as of the date such forecasts are updated. Ethylene Glycol is mainly employed in the production of PET bottle-grade resins and polyesters fibers, used, in turn, in the manufacture of textiles, tire cords, video tapes, and soft drink and water containers. 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. The supplier purchased Echemi diamond member service. MEG supply is expected to loosen as importers were looking to Asia to source material to alleviate some of the pressure cause by the lack of US imports. Shell’s EO/EG maintenance took place in September for six weeks. 鲁ICP备16009155号-1 | Copyright@Qingdao Echemi Technology Co., Ltd. Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. 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. Views. Reference price of Ethylene Glycol (EG) is 560.98USD/MT, down 1.72% from 570.814USD/MT on 2020-11-06. Methodology. Choose ICIS for concise information and easy-to-assess formatting, all delivered straight to your inbox. Downstream polyester demand in China slowed down in July and August amid the traditional off-peak season. The arbitrage window between Asia and Europe opened in August, which tightened the supply in Asia after large quantities of cargoes were moved to Europe. If the factory meets requirement, it can get logo of certified factory. See a sample below or register for free to see much more. Chart Description. 2017-08-21. 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. Idled capacity and force majeures affected nearly two-thirds of US EG capacity, leaving little or no spot capacity and even contractual volumes were diminished. History of Mono-Ethylene Glycol. Fluid, Electrolyte, and Acid-base Balance. Later, The United States started semi-commercial production of ethylene glycol via ethylene chlorohydrination in the year 1917. This supplier did not upload its business license. Other applications of Ethylene Glycol are as humectant, plasticizer, softener, hydraulic fluid, and solvent. There were no plans heard in Asia and the Middle East to increase production, given the weak margins. Speak to ICIS. Echemi go to the factory and do a serious actual investigation. Interested to find out how we derive our prices? 2020-11-06. Supplier uploads its business license firstly. Make better business decisions by using our powerful analytics tools to gain a 360 degree view in today’s ethylene glycol markets. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. Demand into PET is expected to decline on seasonality with the approach of colder weather. For further details check our Methodology. 2017-07-31. If it pass Echemi audit , supplier can get logo of certified business license. Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. However, moving into September, demand increased amid the peak manufacturing season and pre-holiday restocking activities. You can filter a given series by clicking on the respective legend label, right above the chart. Our benchmark prices have been trusted by buyers and sellers around the globe for nearly 40 years. Port inventories in China may drop amid an anticipated fall in imports in Q4. 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. Furthermore, the falling imports from the US and India also lent some support to prices. If the supplier get credit guarantee from Echemi, it owns logo of certified credit guarantee. Related Suppliers More Ethylene Glycol … 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. Reference price of Ethylene Glycol (EG) is 570.814USD/MT, up 0.6% from 567.382USD/MT on 2020-11-05. MEG imports fell on lower demand, which led to less balanced supply in summer. Each ICIS EG pricing subscription comes with analytics tools that take away the hassle of developing your own analysis. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. (**) Available only to subscribers of 'Business' plans. Our locally based experts provide in-depth regional price reports into specific chemical markets. As coronavirus cases rise and restrictions tighten, there is uncertainty across many commodity markets. Reference price of Ethylene Glycol (EG) is 560.98USD/MT, down 1.72% from 570.814USD/MT on 2020-11-06.
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