Stay abreast of the regional Ethylene glycol markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regional Ethylene glycol markets is second to none.
Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- Determine settlement and contract terms
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 Europe 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 Q2 2017
The Europe monoethylene glycol (MEG) April contract price fell by €90/tonne from March levels. Soft sentiment in the European spot and Asian markets over the course the month had set the scene for a decrease from April, though the rollover in upstream ethylene had led to players being unsure of the likely magnitude of any movement. Demand was considered weaker than expected in April.
In May, the MEG contract price dropped by €75/tonne from April levels. The full contract agreement was delayed until the beginning of June due to a lack of support in the market as the magnitude of the fall was deemed a step too far by some.
The MEG contract for June was confirmed down by €10/tonne compared with May pricing levels. There was a mixed reaction from the market as some players had expected the MEG contract price to decrease further because of the fall in the ethylene June contract price settlement. On the other hand, a source said that it expected a rollover this month and was surprised the contract price decreased.
After a strong first quarter, spot prices began to stablise on improved supply and demand dynamics. Towards the end of the quarter, spot prices increased slightly and went on to level out at the start of June.
The ICIS monoethylene glycol (MEG) report is an industry benchmark within Europe for monthly and spot prices. The monthly free delivered (FD) northwest Europe (NWE) contract range is updated as soon as two suppliers and two customers have reached an agreement.
With MEG being a global commodity and Europe a net importer, the NWE cost, insurance & freight (CIF) T2 bulk range is vital to the market.
Having ICIS as an objective reference of actual business, market sentiment and general state of play is highly effective.
The weekly free carrier (FCA) Rotterdam T2 truck prices and supporting text gives the industry an in-depth picture of how the market is performing. All prices are shown on an euro per tonne basis and in the case of ex-works Russia there is also a roubles per tonne quote.
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) Europe margin report will help you understand how costs and prices affect product profitability.
The report is designed to complement ICIS’s Ethylene Glycol (Europe) price report by covering integrated production of monoethylene glycol (MEG) from naphtha, the dominant cracker feedstock in Europe, and standalone (or non-integrated) production from ethylene, with contract and spot 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 dynamic 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.