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Ethylene Glycol
Ethylene Glycol Prices | Current and Forecast
Ethylene Glycol
Ethylene Glycol
Ethylene Glycol
C2H6O2

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).

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Prices

Ethylene Glycol Prices | Current and Forecast

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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 price history since 2007 and forecasts.

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Ethylene Glycol

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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, import transaction price, fob, United States
  • Ethylene Glycol, EUR (Europe): Ethylene Glycol, export transaction price, fob, Belgium
  • Ethylene Glycol, SEA (Southeast Asia): Ethylene Glycol, import contract price, cfr, India
  • Ethylene Glycol, CN (China): Ethylene Glycol, import spot price, cfr, China
  • Ethylene Glycol, MDE (Middle East): Ethylene Glycol, export spot price (formula), fob, Saudi Arabia

Data Use. Ethylene Glycol prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

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Ethylene Glycol Price Outlook. The price of Ethylene Glycol (United States) increased during April 2019 to 676 USD per metric ton, which represents a rise of 7% compared to the previous month’s value. On a year-over-year basis, the prices of Ethylene Glycol (United States) decreased significantly by 28%. Meanwhile, the average price of Ethylene Glycol (China) amounted to 719 USD per metric ton, from 1,310 USD per metric ton one year earlier. On a month-over-month basis, the price of Ethylene Glycol (China) is 9% lower than the price one month before.

The price of Ethylene Glycol (Southeast Asia) declined slightly throughout April 2019, reaching 618 USD per metric ton.  The price is 1% lower than the average price in the previous month and 35% lower than the average price one year before. In contrast, the prices of Ethylene Glycol (Middle East) decreased modestly during April 2019, reaching 644 USD per metric ton, which means a decline of 0.3% from the previous month’s price and a decline of 35% from the previous year’s price. 

The prices of Ethylene Glycol (Europe) experienced a decline of 34 USD per metric ton from the prior month's price, to 683 USD per metric ton. Such price movement meant a decrease of 5% on a monthly basis and a decrease of 32% 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).

Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, futures market, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).

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