Ethylene Glycol Prices | Current and Forecast
Monitor Ethylene Glycol Prices Worldwide
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Monitor monthly Ethylene Glycol price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Ethylene Glycol 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Ethylene Glycol.
Data Legend. The chart above shows Ethylene Glycol price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Ethylene Glycol, US (United States): Ethylene Glycol, export transaction price, fob, United States
- Ethylene Glycol, EUR (Europe): Ethylene Glycol, import transaction price, cif, Belgium (netforward from fob United States)
- Ethylene Glycol, SEA (Southeast Asia): Ethylene Glycol, import contract price, cfr, India
- Ethylene Glycol, CN (China): Ethylene Glycol, domestic spot price, exw, China
- Ethylene Glycol, MDE (Middle East): Ethylene Glycol, export spot price, fob, Saudi Arabia (netback from cfr China)
Data Use. Ethylene Glycol prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Ethylene Glycol price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 224 commodities including Ethylene Glycol
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Countries / World Regions
Prices Directly In Excel
Plans Starting at $299 USD /year
Ethylene Glycol Price Outlook. The price of Ethylene Glycol (United States) increased during November 2019 to 569 USD per metric ton, which represents a slight rise of 3% compared to the previous month’s value. On a year-over-year basis, the prices of Ethylene Glycol (United States) decreased significantly by 26%. Meanwhile, the average price of Ethylene Glycol (China) amounted to 684 USD per metric ton, from 957 USD per metric ton one year earlier. On a month-over-month basis, the price of Ethylene Glycol (China) is 5% lower than the price one month before.
The price of Ethylene Glycol (Southeast Asia) rose slightly throughout November 2019, reaching 556 USD per metric ton. The price is 0.5% higher than the average price in the previous month and 34% lower than the average price one year before. In contrast, the prices of Ethylene Glycol (Middle East) decreased during November 2019, reaching 620 USD per metric ton, which means a decline of 5% from the previous month’s price and a decline of 31% from the previous year’s price.
The prices of Ethylene Glycol (Europe) experienced a modest decline of 18 USD per metric ton from the prior month's price, to 524 USD per metric ton. Such price movement meant a decrease of 3% on a monthly basis and a decrease of 39% on a yearly basis.
About Ethylene Glycol. Ethylene Glycol (a.k.a. Monoethylene Glycol, MEG) is an organic compound, more specifically a diol (a chemical compound that contains two hydroxyl groups). It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. It is 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. Di- and tri-ethylene glycol (DEG and TEG respectively) are important co-products in MEG manufacturing processes.
Ethylene Glycol Handling. Anhydrous Ethylene Glycol is usually transported in tank trucks, railroad cars, or tank ships. Most tanks are made of steel or aluminum since Ethylene Glycol is not aggressive towards most plastic and metals at room temperature. Nitrogen blanketing can be used for protection against oxidation if more meticulous quality is desired. MEG cannot be stored in phenolic resins containers, since they are not resistant to it.
Ethylene Glycol Production. First prepared by hydrolysis of ethylene glycol diacetate in the 19th century, Ethylene Glycol can be manufactured from several raw materials nowadays. Globally, the largest volume of Monoethylene Glycol has been produced from ethylene via ethylene oxide intermediate, generating di- and tri-ethylene glycol as well. Raw materials and the respective production processes employed in the manufacturing of Ethylene Glycol are listed below.
- Ethylene + oxygen (oxidation/hydration),
- Ethylene oxide (hydration)
Ethylene Glycol Uses. The uses and applications of Ethylene Glycol may vary according to its specifications. The main forms of Ethylene Glycol are fiber grade (min. purity of 99.8%, max. 0.1% DEG) and antifreeze grade (min. purity of 98%, max. 0.5% DEG).
