Defaults / In Depth: How ethylene glycol led to the Yongcheng Coal default. Also known as ethane-1,2-diol, it has a mild … 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. 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. Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. You can control cookies through your browser settings. The arbitrage window between Asia and Europe opened in August, which tightened the supply in Asia after large quantities of cargoes were moved to Europe. 2.3 Analysis of Competitive Landscape. An aluminium can shortage also helped prop up PET-bottled drinks, in the absence of travel and large events that contribute to peak summer demand. It is a colorless, practically odorless, with low viscosity, hygroscopic liquid at room temperature. About 32% of these are Alcohol & Hydroxybenzene & Ether, 0% are Syntheses Material Intermediates, and 0% are Pharmaceutical Intermediates. A short turnaround at BASF’s Antwerp EO/EG facility is expected to take place in end-October. 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. Table: Arrangement of data in rows and columns. Each ICIS EG pricing subscription comes with analytics tools that take away the hassle of developing your own analysis. Data Status. Supply was tight starting in early August, as several producers prepared for planned maintenance and another took its volumes out of the domestic market. Revenue Market Share of Ethylene Glycol by Type in 2019 Figure 84. Downstream PET demand was better than antifreeze or coolant demand during Q3. The global production was dominated by Asian countries which accounted for 15.1 million tons from the total production. Sellers are still dealing with high production costs and poor contract margins. In late August, Hurricane Laura shut down production in Louisiana, tightening supply to crisis levels. (**) Available only to subscribers of 'Business' plans. Historical & Forecast Data in Several Countries. Ethylene glycol (IUPAC name: ethane-1,2-diol) is an organic compound with the formula (CH 2 OH) 2. Ethylene glycol, also called ethane-1,2-diol, the simplest member of the glycol family of organic compounds. Furthermore, the falling imports from the US and India also lent some support to prices. 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. Global Ethylene Glycol Sales Growth by Type (2015-2020) (K MT) Figure 85. Preliminary: Estimates based on non-consolidated data, which will be recalculated/revised as consolidated data become available. Copyright © 2020 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Ethylene glycol prices, market data and analytics. ensure that you can evaluate EG markets from every angle. Port inventories in China may drop amid an anticipated fall in imports in Q4. Choose ICIS for concise information and easy-to-assess formatting, all delivered straight to your inbox. China Factory Supply CAS 107-21-1 Mono Ethylene Glycol with Reasonable Price Figure 82. For further details check our Methodology. Reports focused on Ethylene Glycol production processes, presenting key process information, process flow diagrams, capital and operating costs. All Rights Reserved. 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. Final: Calculations done utilizing official statistics. 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. 'Pro ' or 'Business ' plans Europe to cover shortages caused by the US outages markets across all with... Available only to subscribers of 'Pro ' or 'Business ' plans shut down production in Q3 fell as producers! Compound, more specifically a diol ( a 1,2-diol ) and sellers around the globe for nearly 40 years of! Capacity for the year 2016 was 34.8 million tons, viscous liquid analytics tools to gain 360. Struck down, leading to tighter availability in Europe 2.1.2 global Ethylene Glycol Butyl Ether revenue 2019... 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