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. 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. In the second half of yesterday, November 26, negotiations on the sale of MEG in the region were in the range of USD670-675 per ton, CFR CMP (main port of China), with some lower price values of approximately USD660 per ton, CFR CMP. Intratec provides Ethylene Glycol pricing data, covering 13 years of historical prices and forecasts. MEG imports fell on lower demand, which led to less balanced supply in summer. Consultation paper GMC14/19 is part of this formal process and covers all of the ICIS primary price points included in the ethylene glycol weekly publications.Ethylene-Glycol-Methodology-Consultation-2019 Summary of responses ICIS received 3 responses and this summary takes into account all of […] You can filter a given series by clicking on the respective legend label, right above the chart. Revenue Market Share of Ethylene Glycol by Type in 2019 Figure 84. It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. Copyright © 2020 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Ethylene glycol prices, market data and analytics. The Ethylene Glycol Distearate ... Market from 2014 to 2019 6.1.1 Top 5 Export Countries’ Export Value Analysis in Ethylene Glycol Distearate (EGDS) Market from 2014 to 2019 ... Table Sales, Revenue, Sales Price and Gross Margin Analysis of Clariant. Data Status. Ethylene glycol (IUPAC name: ethane-1,2-diol) is an organic compound with the formula (CH 2 OH) 2. The global ethylene glycol market is expected to post a CAGR of almost 4% during 2019-2023, according to Technavio. Our Commodity Price Database present: Formats. Global Ethylene Glycol Butyl Ether Sales Market Share by … To know more about Ethylene Glycol production processes, click here. Figure 15. There were no plans heard in Asia and the Middle East to increase production, given the weak margins. Preliminary: Estimates based on non-consolidated data, which will be recalculated/revised as consolidated data become available. The global ethylene glycol market grew at a CAGR of 4.5% during 2014-2019. Uses. Supply was tight starting in early August, as several producers prepared for planned maintenance and another took its volumes out of the domestic market. 3.3.1 Dow Mono Ethylene Glycol (MEG) Shipments, Price, Revenue and Gross profit 2014-2018 3.3.2 Dow Mono Ethylene Glycol (MEG) Business Distribution by … Commercial Grades. Key trading prices: Spot/contract, import, export, domestic prices for different types of EG – monoethylene glycol (MEG), triethylene glycol (TEG) and diethylene glycol (DEG) Price alerts and market updates: Shifts in prices, breaking news, market developments and changes to regulations and demand trends Plant data: Production and capacity, plant maintenance and shutdowns Reference price of Ethylene Glycol (EG) is 615.319USD/MT, up 0.74% from … Ethylene glycol, also called ethane-1,2-diol, the simplest member of the glycol family of organic compounds. See a sample below or register for free to see much more. Figure Sales and Growth Rate Analysis of Clariant. 21750 Hardy Oak Blvd Suite 104 From there, it was a slow and steady march upward to 23 cpp in mid-September. 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI) 2.3.2 Key Ethylene Oxide and Ethylene Glycol Manufacturers. Table: Arrangement of data in rows and columns. Polyester producers had also cut operations amid rising cost pressure and polyester inventories. Ethylene glycol refers to a transparent and slightly viscous chemical compound that is commonly used as an industrial coolant and antifreeze. Ethylene Glycol Butyl Ether Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2015 VS 2019 Figure 17. Interested to find out how we derive our prices? Production in Q3 fell as regional producers reduced operations to cope with poor margins. 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. 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. Our short-to-long term solutions – from pricing, analytics, industry news and supply and demand data – 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 (C2H6O2) is a thick, non-volatile liquid diol that is produced from ethylene oxide. Supply may face a further decline amid the heavy plant turnarounds in Asia and the Middle East. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. A glycol is an alcohol with two hydroxyl groups on adjacent carbon atoms (a 1,2-diol). Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. The global production was dominated by Asian countries which accounted for 15.1 million tons from the total production. MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG). 2.1.2 Global Ethylene Oxide and Ethylene Glycol Production 2014-2025. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. It is employed in automobile radiators, solar energy units, heat pumps, water heating systems, and industrial cooling systems. Monoethylene Glycol, MEG) is an organic compound, more specifically a diol (a chemical compound that contains two hydroxyl groups). Monitor Prices for Ethylene Glycol and other 217 Commodities. Supply should recover in November, as plants restart from planned and unplanned shutdowns. Defaults / In Depth: How ethylene glycol led to the Yongcheng Coal default. HOUSTON (ICIS)–US ethylene spot prices slumped this week on the back of long supply and soft sentiment, causing a unit to be shut down due to poor margins. Our locally based experts provide in-depth regional price reports into specific chemical markets. Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. The turnaround season in the US is also expected to see falling exports to Asia. 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. 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. Monoethylene Glycol Market Report and Price Trend MEG Highlights from 07 Dec,2020 - 18 Dec,2020 In Asia, MEG prices went up during the last fortnight due to lift in buying inquiries in the region. Sellers are still dealing with high production costs and poor contract margins. San Antonio, TX 78258-4946, Copyright © 2002-2020 Intratec Solutions, LLC. It is employed in automobile radiators, solar energy units, heat pumps, water heating systems, and industrial cooling systems. 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. For further details check our Methodology. DEG and TEG supply was more relaxed compared with co-product MEG. Choose ICIS for concise information and easy-to-assess formatting, all delivered straight to your inbox. ethylene glycol diacetate and unsaturated polyester resins. Customers around the world take advantage of our more than 70 years of global experience and expertise in the development, manufacturing, supply and marketing of EG. Downstream demand will slow down with the approach of the year-end lull season. The fourth quarter was a rangebound time, with spot prices bobbing and weaving in the 19-20 cpp range, ultimately ending the year at 19.375 cpp. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019. Global Ethylene Glycol Sales Growth by Type (2015-2020) (K MT) Figure 85. China Factory Supply CAS 107-21-1 Mono Ethylene Glycol with Reasonable Price Furthermore, the falling imports from the US and India also lent some support to prices. Buying activities from converters may tilt slower amid the coronavirus-hit demand. Singapore — Monoethylene glycol prices are expected to come under further downward pressure in the first half of 2020 as additional capacity comes on stream, ... ethylene- and coal-based MEG respectively over January-October, Platts data showed. 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. Downstream polyester demand in China slowed down in July and August amid the traditional off-peak season. Mono-Ethylene Glycol Production Capacity by Region. There was also mention of some material shipped from Saudi Arabia to Europe to cover shortages caused by the US outages. Stay on top of ethylene glycol (EG) markets across all regions with ICIS news. 3.2.1 Ethylene Oxide and Ethylene Glycol Revenue by Manufacturers (2014-2019) 3.2.2 Ethylene Oxide and Ethylene Glycol Revenue Share by Manufacturers (2014-2019) 3.3 Ethylene Oxide and Ethylene Glycol Price by Manufacturers; 3.4 Mergers & Acquisitions, Expansion Plans; 4 Ethylene Oxide and Ethylene Glycol Production by Regions 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. Sales Market Share of Ethylene Glycol … In late August, Hurricane Laura shut down production in Louisiana, tightening supply to crisis levels. industrial grade (99.5% minimum purity); antifreeze grade (98% minimum purity); and fiber grade (99.8% minimum purity). Subscribers to our Commodity Price Database have access to Ethylene Glycol and as many as 217 other commodities prices across several countries from main world regions. Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. It is an odorless, colorless, sweet-tasting, viscous liquid. Historical & Forecast Data in Several Countries. Polyester producers may lower operations further on slowing sales and rising inventories. Views. 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. Middle East supply is said to be tight due to cracker feedstock limitations. Quickly access data such as: ICIS brings you breaking chemical news as it happens – including market moves, analysis, data and more. Global Ethylene Glycol Diacetate (EGDA) Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Ethylene Glycol Diacetate (EGDA) industry. Chart images may be downloaded as JPG or PNG files*. Derivatives. 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. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. As coronavirus cases rise and restrictions tighten, there is uncertainty across many commodity markets. The service is reliable, authoritative and always available when you need it most. 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. A wide variety of mono ethylene glycol price options are available to … US spot ethylene was assessed for the week ended on Friday at 12.000-12.500 ($265-276/tonne) cents/lb, compared with 13.125-14.250 cents/lb in the previous week. Find out more about our EG methodology coverage here. Global Ethylene Glycol Market Share by Price Range (2015-2020) Figure 83. Total monoethylene glycol capacity in Iran, 2019 Iran: production in 2014-2019 Iran: consumption in 2014-2019 Trade operations in Iran in recent years Monoethylene glycol prices in Iran in recent years Total monoethylene glycol capacity in Kuwait, 2019 Kuwait: production in 2014-2019 Containing two alcohol groups, it is classed as a diol.It is miscible with a broad range of solvents, including water, acetone, and chloroform.In general, glycols are non-irritating and have very low volatility. Asia holds a prominent share in … In September, some market players were caught offguard as the market switched dramatically over summer and spot prices soared on lack of availability and reduced imports in the wake of Hurricane Laura. Ethylene Glycol Price - Select 2020 high quality Ethylene Glycol Price products in best price from certified Chinese Ethylene Glycol Monobutyl Ether manufacturers, Tri Ethylene Glycol suppliers, wholesalers and factory on Made-in-China.com It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. Ethylene Glycol (a.k.a. The pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. Reports focused on Ethylene Glycol production processes, presenting key process information, process flow diagrams, capital and operating costs. Intratec provides Ethylene Glycol pricing data, covering 13 years of historical prices and forecasts. for Ethylene Glycol in US$ Million by Application: 2020 to 2027 Table 131: Rest of Asia-Pacific Ethylene Glycol Market in US$ Million by Application: 2012-2019 Check all the reports, tools and online databases currently offered by Intratec approaching . It is mainly used for two purposes, as a raw material in the manufacture of polyester fibers and for antifreeze formulations. Ethylene Glycol (a.k.a. Ethylene glycol prices across regions will be centered on the difference between MEG prices and naphtha prices. 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. Eastman increases GLYCOL ETHERS and GLYCOL ETHERS ESTERS prices on Oct. 01, 2019 Page Content KINGSPORT, Tenn., Sep. 20, 2019 - Eastman Chemical Company is increasing prices on the following products Oct. 01, or as contracts allow. Following Hurricane Laura in August, a third of US capacity was struck down, leading to tighter availability in Europe. Ethylene glycol: sales value in the United Kingdom (UK) 2011-2019 Production volume of ethylene in South Korea 2009-2019 U.S. ethylene … The traditional off-peak season: How Ethylene Glycol is also used as base of. ) Figure 83 Ether revenue in 2019 Figure 84 to take place in September six. And solvent cover shortages caused by the US outages and ethylene glycol price 2019 Glycol Sales Growth by Type 2019. Cover shortages caused by the US is also expected to take place in end-October indexes for adjusting construction... Operations amid rising cost pressure and polyester inventories free to see falling exports Asia! 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