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We offer the following regional Glycol ethers coverage to keep you informed of factors and developments affecting prices in the US Glycol ethers marketplace.
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Updated to Q1 2017
US propylene glycol methyl ether (PM), propylene glycol methyl ether acetate (PMA), ethylene glycol monobutyl ether (EB) and diethylene glycol monobutyl ether (DB) prices increased by an average of 9-10 cents/lb ($198-220/tonne) during the first quarter of 2017, primarily on pressure from feedstock and unusually healthy demand.
Sellers also made no secret of their efforts to broaden profit margins.
Tighter-than-expected supply of US propylene in 2017, so far, led February contract prices up by 6.5 cents/lb to their highest level in nearly two years. That followed a 10 cent/lb increase in January propylene. March propylene was expected to climb another 2-5 cents/lb. Ethylene increased more moderately in January and February, but spot ethylene was trending weaker in March.
Meanwhile, glycol ethers prices have been proposed higher by 3-5 cents/lb for March, and market sources expected those efforts to succeed at or near proposed levels.
Among the drivers for the latest round of initiatives is anticipated heightened demand as the US spring paint and coatings season gets under way in April.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Glycol ethers.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Glycol ethers. 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.
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 Glycol ethers, 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.