ICIS offers a wide range of short-to-long term information solutions for the growing ethylene glycol industry.
Use ICIS information to:
- Follow price fluctuations and drivers
- Monitor supply/demand dynamics
- Input into your own internal analytical models
- Negotiate contracts using a direct price reference
Ethylene glycol news and market information products from ICIS
We offer the following regional Ethylene glycol coverage to keep you informed of factors and developments affecting prices in the Asia Ethylene glycol marketplace.
Price Reporting – More information about the price reports we publish on Ethylene glycol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
Other types of reports we cover for Ethylene glycol
Use margin reports to assess the profitability of commodities
News & analysis
News & Analysis - News & market analysis specifically relating to Ethylene glycol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2017
Asia’s monoethylene glycol (MEG) spot prices rose in January, but endured a rapid downtrend from February onwards amid a slowdown in downstream polyester markets and growing inventory levels of MEG at China main ports.
MEG average weekly spot prices climbed to $953.50/tonne CFR (cost & freight) China Main Port (CMP) by end-January, but fell to $865/tonne CFR CMP by end February.
Inventory levels grew quickly because there were a lot of purchases made in late December and January, in anticipation of tighter supply in March and the launch of a new futures contract product at the Dalian Commodities Exchange (DCE).
However, news of a possible delay of the futures contract launch rocked the market, resulting in a series of offloading activites by re-sellers. Subsequently, market sentiment became bearish despite expectations of tighter supply from the second half of March onwards.
MEG spot prices then went down to $795/tonne CFR CMP in the second week of March.
Asia Ethylene Glycol Pricing Report
ICIS publishes daily and weekly price assessments, market news and analyses for the Asian ethylene glycol market, all in a single report subscription. Whether you are a buyer, trader or seller, our pricing information gives you access to time-sensitive deals, offers/bids and price movements. Historical pricing data is also available.
Our report includes all of the following:
- CFR Asia contract price for MEG fibre grade
- DEL China contract prices for MEG fibre grade
- CFR China Main Port spot prices for MEG
- Ex-tank China Inland spot price prices for MEG
- CFR China Main Port mid-point spot quote for MEG
The report also analyses the downstream polyester industry and an evaluation of key price drivers are also included, along with a detailed analysis of spot trading activities taken place in China - one of the most influential MEG markets in the region.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Ethylene glycol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
Whether you are a buyer, seller or trader, the weekly ICIS Ethylene Glycol (EG) Asia margin report will help you understand how costs and prices affect product profitability.
The report is designed to complement ICIS’s Ethylene Glycol (Asia Pacific) price report by covering integrated production of monoethylene glycol (MEG) from naphtha, the dominant cracker feedstock in Asia, and standalone (or non-integrated) production from ethylene with the northeast and southeast Asia models considered.
The MEG models combine ICIS’s benchmark price assessments with oxygen yield model data provided by industrial gas consultants Esprit Associates and cracker feedstock yield model data by Linde Engineering, a division of Linde. The models provide you with a clear indication of the direction of business cash costs and cash margins, allowing you to form a basis for informed market positioning.
The EG margin report enables you to:
- Have a consistent overview of costs and feedstock price movements affecting your business
- Analyse the directional trends of integrated and standalone production cash margins
- Have a benchmark for your cost and margin-based business
- Validate your market analysis and have a better understanding of the market’s dynamics to facilitate and allow you to make more informed business decisions
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Ethylene glycol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.