ethylene glycol price 2019

A glycol is an alcohol with two hydroxyl groups on adjacent carbon atoms (a 1,2-diol). ethylene glycol diacetate and unsaturated polyester resins. Ethylene Glycol (a.k.a. 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. Figure 15. Downstream antifreeze demand typically picks up during the colder months but was heavily hit during April or May during automotive manufacturer shutdowns and is still recovering. 2.3 Global Ethylene Oxide (EO) Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Ethylene Oxide (EO) Production Sites, Area Served, Product Types 2.5 Ethylene Oxide (EO) Market Competitive Situation and Trends Global Ethylene Glycol Market Share by Price Range (2015-2020) Figure 83. Downstream PET seasonal demand tapers off in winter and Q4 brings a heavy shutdown schedule. (**) Available only to subscribers of 'Business' plans. Our benchmark prices have been trusted by buyers and sellers around the globe for nearly 40 years. Make better business decisions by using our powerful analytics tools to gain a 360 degree view in today’s ethylene glycol markets. Demand into PET is expected to decline on seasonality with the approach of colder weather. Supply may face a further decline amid the heavy plant turnarounds in Asia and the Middle East. Furthermore, the falling imports from the US and India also lent some support to prices. The following types of data are available in the chart: About Ethylene Glycol. 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. Monoethylene glycol prices in Venezuela in recent years. Ethylene Glycol Butyl Ether Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2015 VS 2019 Figure 17. 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 Check all the reports, tools and online databases currently offered by Intratec approaching . 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. There were no plans heard in Asia and the Middle East to increase production, given the weak margins. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Sellers are still dealing with high production costs and poor contract margins. Interested to find out how we derive our prices? In late August, Hurricane Laura shut down production in Louisiana, tightening supply to crisis levels. For further details check our Methodology. It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. Shell’s EO/EG maintenance took place in September for six weeks. It is mainly used for two purposes, as a raw material in the manufacture of polyester fibers and for antifreeze formulations. Reports focused on Ethylene Glycol production processes, presenting key process information, process flow diagrams, capital and operating costs. Defaults / In Depth: How ethylene glycol led to the Yongcheng Coal default. Supply was tight starting in early August, as several producers prepared for planned maintenance and another took its volumes out of the domestic market. Ethylene Glycol (a.k.a. The surprise default that threw China’s corporate bond market into turmoil last month can be traced to massive, unprofitable investments a decade ago in ethylene glycol, a toxic but useful industrial chemical that Chinese factories consume in vast quantities.. 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. It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. Our short-to-long term solutions – from pricing, analytics, industry news and supply and demand data – Each ICIS EG pricing subscription comes with analytics tools that take away the hassle of developing your own analysis. Production in Q3 fell as regional producers reduced operations to cope with poor margins. 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. Port inventories in China may drop amid an anticipated fall in imports in Q4. Data Status. 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. Find out more about our EG methodology coverage here. All Rights Reserved. industrial grade (99.5% minimum purity); antifreeze grade (98% minimum purity); and fiber grade (99.8% minimum purity). There was also mention of some material shipped from Saudi Arabia to Europe to cover shortages caused by the US outages. Supply should recover in November, as plants restart from planned and unplanned shutdowns. Speak to ICIS. Uses. The global production was dominated by Asian countries which accounted for 15.1 million tons from the total production. Not down for the count, prices got up to 15.5 cpp by mid-July, but eased to 14 cpp by August. Middle East supply is said to be tight due to cracker feedstock limitations. 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. Downstream polyester demand in China slowed down in July and August amid the traditional off-peak season. 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. Polyester producers may lower operations further on slowing sales and rising inventories. Polyester producers had also cut operations amid rising cost pressure and polyester inventories. 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. 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. The pandemic has increased takeout and packaged meal consumption, sustaining strong demand for downstream PET film, as well as bottles used to package in-demand cleaning supplies. Monitor Prices for Ethylene Glycol and other 217 Commodities. Indexes for adjusting the construction cost of Ethylene Glycol plants from one time period to another, covering 36 countries. 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. Chart images may be downloaded as JPG or PNG files*. It is employed in automobile radiators, solar energy units, heat pumps, water heating systems, and industrial cooling systems. Global Ethylene Glycol Butyl Ether Sales Market Share by … Mono-Ethylene Glycol Production Capacity by Region. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. The ethylene glycol price 2019 for the US: Prices in August 2019 continued to witness a rollover on M-o-M basis, due to the long supply and the lower demand from the PET segment. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. Downstream PET demand was better than antifreeze or coolant demand during Q3. Commercial Grades. MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG). ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Views. It is an odorless, colorless, sweet-tasting, viscous liquid. Propylene glycol (IUPAC name: propane-1,2-diol) is a viscous, colorless liquid, which is nearly odorless but possesses a faintly sweet taste.Its chemical formula is CH 3 CH(OH)CH 2 OH. Ethylene glycol (C2H6O2) is a thick, non-volatile liquid diol that is produced from ethylene oxide. Forecast: Estimates of what Intratec considers to be the most probable scenario for the upcoming months, as of the date such forecasts are updated. Alibaba.com offers 1,253 mono ethylene glycol price products. 2.2 Ethylene Oxide and Ethylene Glycol Growth Rate (CAGR) 2019-2025. Preliminary: Estimates based on non-consolidated data, which will be recalculated/revised as consolidated data become available. Ethylene glycol (IUPAC name: ethane-1,2-diol) is an organic compound with the formula (CH 2 OH) 2. Spot prices rose well above contract levels. Derivatives. 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. Ethylene glycol refers to a transparent and slightly viscous chemical compound that is commonly used as an industrial coolant and antifreeze. Chart Description. Figure Sales and Growth Rate Analysis of Clariant. Stay on top of ethylene glycol (EG) markets across all regions with ICIS news. 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. Asia holds a prominent share in … A short turnaround at BASF’s Antwerp EO/EG facility is expected to take place in end-October. Methodology. The global ethylene glycol market grew at a CAGR of 4.5% during 2014-2019. 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By subscribing to Commodity Price Database, you have access to an online, multifunctional price database covering prices for Ethylene Glycol and 217 other commodities, including historical data dating back to 2007 and forecasts. However, the pandemic has kept PET demand strong since late March and could remain strong until a coronavirus vaccine is available and end-consumers’ buying behaviour returns to normal. 2.3 Analysis of Competitive Landscape. Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. China Factory Supply CAS 107-21-1 Mono Ethylene Glycol with Reasonable Price Sales Market Share of Ethylene Glycol … * Due to active EG trading in Asia, daily reports are available for our Asian coverage. Other applications of Ethylene Glycol are as humectant, plasticizer, softener, hydraulic fluid, and solvent. 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