Diethylene Glycol Price Trend

The latest report by IMARC, titled "Diethylene Glycol  𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," delivers a comprehensive analysis of diethylene glycol prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

Diethylene Glycol  Prices December 2023:

• United States: 760 USD/MT
• South Korea: 651 USD/MT
• Germany: 870 USD/MT
• Saudi Arabia: 610 USD/MT

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The study delves into the factors affecting diethylene glycol price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments. 

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

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Diethylene Glycol  Price Trend- Q4 2023

The Diethylene Glycol (DEG) market is primarily driven by its diverse range of applications across various industries, notably within the antifreeze, polyester resin, and plastic sectors. In the fourth quarter of 2023, the market dynamics of DEG were influenced by supply and demand fluctuations across different regions. Supply constraints, coupled with moderate to high demand from specific sectors, led to varied pricing and availability scenarios globally. The antifreeze sector, in particular, demonstrated a gradual recovery, signaling a potential uplift in demand. However, this was counterbalanced by the sluggish demand from the downstream polyester resin and plastic industries. Additionally, the volatility in feedstock prices further complicated the market landscape, affecting DEG production costs and, consequently, its market price. The scenario was further nuanced by regional differences, with each region experiencing its unique set of challenges and opportunities based on local market conditions, supply chain dynamics, and economic factors. 

The global diethylene glycol market size reached 3.3 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 4.7 Million Tons, at a projected CAGR of 3.90% during 2023-2032. In the last quarter of 2023, the DEG market witnessed significant fluctuations in prices, influenced by a variety of factors across different regions. In North America, DEG prices experienced slight increases in October and November, followed by a decrease in December, culminating in an overall dynamic quarter. This price volatility can be attributed to disruptions in supply and demand, sluggish growth in production, and fluctuations in feedstock prices. The supply of DEG remained low to moderate due to decreased new orders and subdued export markets, while demand varied across sectors, with the antifreeze sector showing signs of recovery, but the downstream polyester resin and plastic sectors experiencing sluggish demand. The feedstock price fluctuations had a cascading effect on DEG prices, making the market landscape in North America particularly challenging for stakeholders.

In contrast, the APAC region displayed a mix trend, driven by firm domestic demand, particularly in South Korea, and a narrowed gap between demand and supply due to reduced global availability and heightened feedstock prices. The demand from the polyurethanes and antifreeze sectors remained high, although there was a decrease in demand from the antifreeze sector, affecting DEG prices. The market in this region achieved a semblance of balance due to consistent feedstock supply and uninterrupted production, with prices in South Korea increasing by 10% compared to the previous quarter. Europe faced its challenges, with a decrease in demand from the polyester resin and plastic sectors and an oversupply condition leading to a competitive market and decreased prices. The situation was exacerbated by economic factors in Germany, leading to a significant decline in DEG demand. Meanwhile, the MEA region saw a price decrease due to weak demand from downstream industries and the overall economic situation.

Browse Full Report: https://www.imarcgroup.com/diethylene-glycol-pricing-report

Key Points Covered in the Diethylene Glycol  Pricing Report: 

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Diethylene Glycol  Prices 
• Diethylene Glycol  Price Trend 
• Diethylene Glycol  Demand & Supply 
• Diethylene Glycol  Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Diethylene Glycol  Price Analysis
• Diethylene Glycol  Industry Drivers, Restraints, and Opportunities
• Diethylene Glycol  News and Recent developments
• Global Event Analysis
• List of Key Players

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Browse More Pricing Reports by IMARC Group:

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• methanol pricing report
• hydrogen peroxide pricing report
• polylactic acid pricing report
• Calcium Carbonate Pricing Report

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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