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Updated to Q2 2020
US Q2 2020 BG, BDG, PM and PMA supply will be flat to longer amid expected weaker or slow-growing downstream markets, particularly architectural and automotive coatings on continued constraints imposed on workers, automobile manufacturing and construction because of the coronavirus. Even before the coronavirus outbreak in the US, the market anticipated no supply concerns, but going forward, supply length will hinge partly on how long the coronavirus continues to escalate.
Demand for domestic BG, BDG, PM and PMA in the second quarter of 2020 is expected to weaken on anticipated slowdowns in US construction and automobile manufacturing during the typically peak demand period from those markets. A recent survey indicated that some polled paint contractors have cancelled some or all of their planned April and May projects, stemming from shelter-in-place constraints and concerns about potential worker and customer exposure to the coronavirus.
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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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.
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Glycol Ethers Methodology
A large proportion of glycol ethers goes into the paints and coatings industry, though other uses include inks, cleaning products, plasticisers, brake fluids, pharmaceuticals, cosmetic and personal care products.
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.
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