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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 Q2 2017
US propylene glycol methyl ether (PM), propylene glycol methyl ether acetate (PMA), ethylene glycol monobutyl ether and diethylene glycol monobutyl ether prices lost ground during the second quarter after gains made during the first-quarter, especially due to the run-up in feedstock propylene.
Spot prices moved up early in the second quarter, by an average of 3-5 cents/lb ($66-110/tonne) on feedstock pressure, but relinquished those gains and more in May and June on waning propylene values and higher volatile ethylene values.
Domestic propylene settled lower by 6 cents/lb for April and was down another 7.5 cents/lb in May on improved supply and waning demand. While gains for glycol ethers were achieved in April - partly on successful margin expansion - weaker pricing later in the quarter stemmed from softening feedstock and, for some, the perception of longer supply.
While June prices could weaken further on those same conditions, June propylene appeared headed for a rollover, olefins sources said. That could stabilise glycol ethers pricing amid the seasonally strong demand period of spring and summer on heightened paints and coatings sales.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Glycol ethers.
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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.
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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.