Ethylene Glycol Price | Current and Forecast
Monitor Ethylene Glycol Prices Worldwide
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See monthly Ethylene Glycol prices in 5 locations: United States, South America, Europe, South Asia & Oceania, China, Middle East, Africa. Also check Ethylene Glycol price history since 2007 and forecasts. The chart below is a sample of Intratec Primary Commodity Prices - subscribe now and gain access to current prices of 237 commodities, including Ethylene Glycol.
Data Legend. The Ethylene Glycol price chart shows the prices in USA Dollar per metric ton (USD/mt) in 7 locations, as follows:
- US: Ethylene Glycol, United States, transaction, cif
- SAM: Ethylene Glycol, South America, transaction, cif, Brazil
- EUR: Ethylene Glycol, Europe, transaction, fob, Belgium
- SEA: Ethylene Glycol, South Asia & Oceania, transaction, fob, Singapore
- CN: Ethylene Glycol, fiber, China, spot, cfr
- MDE: Ethylene Glycol, Middle East, transaction, fob, Saudi Arabia
- AFR: Ethylene Glycol, Africa, transaction, cif, South Africa
Data Use. Ethylene Glycol prices are provided as an annual subscription where subscribers have access to reliable pricing data of 237 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 .
Intratec Primary Commodity Prices
Track global current prices of 237 commodities including Ethylene Glycol
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Price History & Forecasts
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Price Dynamics. The Ethylene Glycol price in United States decreased during November 2018 to 770 USD per metric ton, which represents a considerable decline of 10% compared to the previous month’s value. On a year-over-year basis, Ethylene Glycol prices in United States decreased significantly by 9%. Meanwhile, in Belgium, the average price of Ethylene Glycol amounted to 959 USD per metric ton, from 944 USD per metric ton one year earlier. On a month-over-month basis, the Ethylene Glycol price in Belgium is 0.7% lower than the price one month before.
The price of Ethylene Glycol in China declined considerably throughout November 2018, reaching 957 USD per metric ton. The price in China is 8% lower than the average price in the previous month and 15% lower than the average price one year before. In contrast, Ethylene Glycol prices in Singapore decreased during November 2018, reaching 863 USD per metric ton, which means a decline of 5% from the previous month’s price and a decline of 4% from the previous year’s price.
The Ethylene Glycol prices in Saudi Arabia experienced a decline of 60 USD per metric ton from the prior month's price, to 887 USD per metric ton. Such price movement in Saudi Arabia meant a decrease of 6% on a monthly basis and a decrease of 3% on a yearly basis. On the other hand, in November 2018, the Ethylene Glycol price in Brazil witnessed a decline of 13 USD per metric ton when compared against the previous month's price, to 860 USD per metric ton. The November 2018 price in Brazil is 0.5% higher than the price one year before.
In South Africa, the average price of Ethylene Glycol was 1,030 USD per metric ton on November 2018 – a little increase of 10 USD per metric ton, or 1%, compared with the previous month. On a year-over-year basis, the Ethylene Glycol price in South Africa is 19% higher than the price one year before.
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 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.
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. Nitrogen blanketing can be used for protection against oxidation if more meticulous quality is desired. MEG can’t be stored in phenolic resins containers, since they are not resistant to it.
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)
The uses and applications of Ethylene Glycol may vary according to its specification. The main forms of Ethylene Glycol are industrial grade (99.5% minimum purity); antifreeze grade (98% minimum purity); and fiber grade (99.8% minimum purity).
