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Diethylene glycol (DEG) prices in the USA moved decisively higher through March, with the market gradually increasing week-on-week basis, on a mix of tighter global availability and rising upstream costs. DEG prices started the month with a bullish tone and went through mid-month in the same pattern and accelerated in late March as sellers held offers firmer amid constrained spot-import liquidity. The overall tone was one of a market responding to supply-side pressures rather than a sudden jump in DEG demand; buyers remained active but cautious, allowing sellers to maintain a firmer posture as geopolitical and logistics factors amplified landed costs.
Domestic buying interest underpinned the price advance, with US buyers supporting offers even as import availability remained restrained. Diethylene Glycol FCA USG was assessed at $***.**/MT for March ****, up from $***.**/MT previously, reflecting both stronger domestic demand and tighter spot supply. As...
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