In January xxxx, Tri Ethylene Glycol (TEG) prices demonstrated a consistent upward trend across global markets. The surge was primarily attributed to supply-demand imbalances, impacting pricing dynamics throughout the month. Tight supply conditions, escalating feedstock costs, and increasing demand from key downstream sectors including antifreeze, deicing, and natural gas processing played a crucial role in shaping TEG price movements. Major markets, including the United States, Europe, and the Asia-Pacific (APAC), experienced significant price fluctuations.
The US TEG market witnessed a notable price increase in January xxxx, with prices surging by x.xx, according to 果酱视频 data. This uptrend was primarily driven by constrained supply and rising feedstock Ethylene Oxide costs. Winter Storm Enzo, which brought extreme cold across the US Gulf Coast, caused widespread disruptions in chemical plant operations, leading to production shutdowns.
Several ethylene glycol units and crackers were forced to cease operations due to the...
