In the US market, prices for DEG remained steady with only *.** improvement during the period and reached USD ***/MT FCA USG. Domestic DEG supply were ample despite some logistics issues, rising dwell times and Scheduled maintenance at key units including Indorama Ventures (Clear Lake, Texas) and Shell Global (Geismar, Louisiana) constrained production from October *st. On the demand side, DEG consumption from downstream sectors, including paints, coatings, solvents, and resin showed gradual improvement, supported by improvement across automotive and construction sectors.
European market mirrored the US market trend. In Germany, DEG market rose by only *.** and reached at USD ***/MT CFR Hamburg. Supply and demand dynamics were largely balanced during this period. Marginal price improvement originated from the logistics constraints at the key ports including Antwerp, Rotterdam, UK and Italian. Hamburg鈥檚 CTA terminal experienced reconstruction delays with ***-yard utilization, while CTB reported...
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