For the Quarter Ending March 2026
Triethylene Glycol Prices in North America
- In USA, the Triethylene Glycol Price Index fell by 10.0% quarter-over-quarter, amid ample inventories.
- The average Triethylene Glycol price for the quarter was approximately USD 1440/MT, DEL Texas delivered.
- Triethylene Glycol Spot Price stayed subdued, distributors discounted volumes with elevated inventories and weak demand.
- Triethylene Glycol Production Cost Trend increased due to Ethylene Oxide, but integrated producers absorbed pressure.
- Triethylene Glycol Price Forecast signalled short-term volatility, with analytics projecting March and April supply disruptions.
- Triethylene Glycol Demand Outlook remained weak across gas dehydration, construction coatings and aviation de-icing procurement.
- Triethylene Glycol Price Index remained bearish in Q1, pressured by warm weather and slow procurement.
- Logistics and steady operating rates limited supply disruption, keeping export arbitrage narrow and flows steady.
Why did the price of Triethylene Glycol change in March 2026 in North America?
- Elevated inventories and muted domestic procurement reduced spot buying, preventing meaningful price recovery in March.
- Rising Ethylene Oxide feedstock costs increased production pressure, yet integrated producers absorbed pass-through in March.
- Geopolitical tensions and shipping route concerns raised insurance, transit costs, injecting volatility into spot availability.
Triethylene Glycol Prices in APAC
- In China, the Triethylene Glycol Price Index rose by 3.82% quarter-over-quarter, driven by tight supply.
- The average Triethylene Glycol price for the quarter was approximately USD 1114.33/MT, reflecting import-led offers.
- Triethylene Glycol Spot Price firmed amid constrained imports and port congestion, sustaining tight prompt availability.
- Triethylene Glycol Price Forecast indicates modest near-term recovery then seasonal softening as maintenance activity occurs.
- Triethylene Glycol Production Cost Trend rose as Ethylene Oxide and naphtha costs increased, pressuring margins.
- Triethylene Glycol Demand Outlook stayed constructive with dehydration programs and polyurethane restocking supporting offtake levels.
- Triethylene Glycol Price Index strength reflected limited imports, maintenance outages and war-risk premiums increasing costs.
- Regional producers lifted offers; inventories stayed lean while congestion and insurance hikes constrained exports availability.
Why did the price of Triethylene Glycol change in March 2026 in APAC?
- Sharp Ethylene Oxide and crude-driven feedstock cost increases boosted production costs and compelled higher offers.
- Geopolitical disruptions elevated freight times, war-risk premiums and insurance costs, tightening prompt import availability and margins.
- Post-Lunar New Year industrial restocking and stronger gas-dehydration requirements increased downstream buying, sustaining price momentum.
Triethylene Glycol Prices in Europe
- In Germany, the Triethylene Glycol Price Index rose by 3.0% quarter-over-quarter, driven by tighter imports.
- The average Triethylene Glycol price for the quarter was approximately USD 1373.33/MT, reflecting inventory dynamics.
- Triethylene Glycol Spot Price softened amid competitive imports, exerting downward pressure on Germany's Price Index.
- Triethylene Glycol Price Forecast indicates firmness then easing as winter demand normalizes and inventories rebuild.
- Triethylene Glycol Production Cost Trend firmed as Ethylene Oxide and energy cost increases lifted offers.
- Triethylene Glycol Demand Outlook stayed cautious; construction subdued, automotive coolant and gas dehydration maintained consumption.
- Elevated inventories and export enquiries created divergence between spot quotes and the Germany Price Index.
- Port congestion, transit delays and higher insurance premiums increased logistical risk, prompting firmer supplier offers.
Why did the price of Triethylene Glycol change in March 2026 in Europe?
- Delayed Middle Eastern cargoes and tight import availability reduced offerings, tightening supply into Europe and lifting prices.
- Significant Ethylene Oxide and crude-driven energy cost increases raised production costs, prompting suppliers to raise offers.
- Extended transit times, port congestion, and higher insurance premiums amplified scarcity perception and supported short-term price spikes.
For the Quarter Ending December 2025
Triethylene Glycol Prices in North America
- In USA, the Triethylene Glycol Price Index rose by 2.23% quarter-over-quarter, reflecting constrained supply and stocking.
- The average Triethylene Glycol price for the quarter was approximately USD 1600.00/MT, reflecting Gulf Coast contracts.
- Triethylene Glycol Spot Price volatility eased as Gulf Coast inventories remained ample despite terminal delays.
- Triethylene Glycol Price Forecast signals modest early Q1 recovery from antifreeze-led seasonal restocking activity improvement.
- Triethylene Glycol Demand Outlook remains bifurcated: firm antifreeze and dehydration but weak resin and export demand.
- Triethylene Glycol Price Index volatility reflected operator turnarounds, inventory draws, and limited export arbitrage flows.
- Logistics friction and rail dwell supported prompt tightness, delaying inland rack replenishment at Gulf terminals.
Why did the price of Triethylene Glycol change in December 2025 in North America?
- Domestic supply remained adequate, but strong offtake from downstream segments supported firmer prices, despite inventories.
- Seasonal demand from antifreeze and gas dehydration activities increased, reinforcing buying interest.
Triethylene Glycol Prices in APAC
- In China, the Triethylene Glycol Price Index fell by 5.32% quarter-over-quarter, due to ample imports
- The average Triethylene Glycol price for the quarter was approximately USD 1073.33/MT, CFR Qingdao basis.
- Triethylene Glycol Spot Price softened amid ample seaborne inflows and healthy coastal inventories limiting tightness.
- Triethylene Glycol Price Forecast anticipates mild recovery post-holiday supported by restocking and logistics normalization ahead.
- Triethylene Glycol Production Cost Trend eased as Ethylene Oxide feedstock softened, lowering cash-cost pressures modestly.
- Triethylene Glycol Demand Outlook remains moderate owing to steady automotive demand yet constrained construction restocking.
- Triethylene Glycol Price Index volatility was limited by conservative buying, balanced inventories and term flows.
- Operational outages were short-duration, with maintenance completions and port disruptions only temporarily affecting supply availability.
Why did the price of Triethylene Glycol change in December 2025 in APAC?
- Ample seaborne imports and steady domestic output with weak spot demand pushed the prices lower.
- Declining Ethylene Oxide feedstock and softer crude reduced production costs; port congestion partly supported differentials.
- Cautious downstream procurement ahead of holidays and elevated inventories constrained buying, preventing December price recovery.
Triethylene Glycol Prices in Europe
- In Germany, the Triethylene Glycol Price Index fell by 3.6% quarter-over-quarter, reflecting subdued demand.
- The average Triethylene Glycol price for the quarter was approximately USD 1333.33/MT, per market surveys.
- Logistic delays at Hamburg supported the Triethylene Glycol Spot Price despite abundant competitive import flows.
- Triethylene Glycol Production Cost Trend eased; Ethylene Oxide and energy declines reduced cost support materially.
- Rising distributor inventories pressured the Triethylene Glycol Price Index, prompting promotional clearing and softer terms.
- Triethylene Glycol Demand Outlook remains muted as construction and automotive weakness reduces procurement and restocking.
- Near-term Triethylene Glycol Price Forecast indicates limited upside absent logistic disruptions or downstream demand recovery.
- Port congestion and berth constraints tightened supply chains, moderating price swings across German TEG trade.
Why did the price of Triethylene Glycol change in December 2025 in Europe?
- Falling Ethylene Oxide feedstock and softer energy prices weakened production cost support for TEG producers.
- Subdued construction and automotive demand, plus distributor destocking, constrained restocking and reduced spot buying activity.
For the Quarter Ending September 2025
North America
- In the USA, the Triethylene Glycol Price Index fell by 3.69% quarter-over-quarter, driven by inventory builds.
- The average Triethylene Glycol price for the quarter was approximately USD 1565.00/MT, reported by trade data.
- Triethylene Glycol Spot Price eased amid elevated inventories, reflecting a softer Price Index and subdued export inquiries.
- Triethylene Glycol Demand Outlook remains mixed with automotive and construction supporting, while gas dehydration volumes stayed weak.
- Triethylene Glycol Price Forecast suggests mild recovery potential driven by seasonal antifreeze demand and normalized exports.
- Triethylene Glycol Production Cost Trend showed downward pressure as crude oil eased, partly reducing ethylene oxide feedstock expense.
- Inventory accumulation and softer international demand pressured spot markets, limiting sellers' willingness to defend higher Price Index levels.
Why did the price of Triethylene Glycol change in September 2025 in North America?
- Force majeures and maintenance outages tightened localized supply, yet inventories remained elevated, muting sustained price increases.
- Declining upstream crude oil eased feedstock costs, reducing production cost pressure and softening price support.
- Weak export demand and tariff-driven trade shifts contracted overseas inquiries, weighing on domestic spot price competitiveness.
APAC
- In China, the Triethylene Glycol Price Index fell by 2.09% quarter-over-quarter, reflecting persistent oversupply conditions.
- The average Triethylene Glycol price for the quarter was approximately USD 1059.33/MT, CFR Qingdao, reported.
- Triethylene Glycol Spot Price remained pressured by elevated inventories and competitive Middle Eastern import offers.
- Triethylene Glycol Price Forecast projects modest recovery in October if downstream buying strengthens.
- Triethylene Glycol Production Cost Trend eased as ethylene oxide feedstock prices declined, supporting margins slightly.
- Triethylene Glycol Demand Outlook remains muted with automotive improvement offset by weak coatings, solvent procurement.
- Triethylene Glycol Price Index volatility linked to seasonal port disruptions and shifting export demand flows.
- Operational restarts after maintenance at Chinese producers influenced supply levels and Triethylene Glycol Price Index movements.
Why did the price of Triethylene Glycol change in September 2025 in APAC?
- Elevated inventories and higher Middle Eastern imports created persistent oversupply across China, exerting downward pressure.
- Declining ethylene oxide feedstock costs reduced expenses, causing downward pressure on Triethylene Glycol Price Index.
- Severe weather and port congestion disrupted logistics, increasing vessel queues, delaying shipments, accumulating supply locally.
Europe
- In Germany, the Triethylene Glycol Price Index fell by 11.46% quarter-over-quarter, reflecting persistently abundant supply.
- The average Triethylene Glycol price for the quarter was approximately USD 1383.33/MT CFR Hamburg market.
- Triethylene Glycol Spot Price eased as elevated inventories and steady overseas imports.
- Triethylene Glycol Price Forecast shows modest near-term downside amid excess stocks and subdued procurement interest.
- Triethylene Glycol Demand Outlook weak as automotive, construction, and gas dehydration sectors exhibit constrained procurement.
- Triethylene Glycol Price Index showed constrained upside as inventories remained elevated despite intermittent logistical bottlenecks.
- Inventory and export demand dynamics pressured margins, with year-end liquidation influencing spot and contract pricing.
Why did the price of Triethylene Glycol change in September 2025 in Europe?
- Excess supply from increased domestic production and higher imports overwhelmed limited downstream procurement activity.
- Lower energy and feedstock costs reduced manufacturing expenses, applying downward pressure on contract pricing levels.
- Logistics bottlenecks localized deliveries but insufficient to tighten supply substantially amid strong inventory buffer levels.
For the Quarter Ending June 2025
North America
- Triethylene Glycol (TEG) prices in North America rose by 12.3% quarter-over-quarter in Q2 2025, reaching USD 1685/MT FOB Houston in USA by June, driven by persistent supply-side disruptions and stable downstream demand.
- Operational disruptions, including multiple force majeures and extended maintenance shutdowns at key facilities (ExxonMobil/SABIC, Formosa Plastics, MEGlobal, Lotte Chemical), significantly tightened domestic availability.
- Port logistics remained mixed: April and June showed improved freight movement, while May saw renewed West Coast congestion due to labor disputes and import spikes from Asia.
- Demand remained resilient, supported by natural gas dehydration, automotive, paint & coatings, and antifreeze sectors, with positive momentum returning by June.
- U.S.–China trade negotiations and Canadian production outages further influenced pricing dynamics through shifts in procurement and regional demand redirection.
Why did the price of TEG change in July 2025 in the US?
- In July 2025, the TEG Price Index in the US trended downward, primarily impacted by weak demand expectations from the automotive sector, as highlighted by projections from the National Automobile Dealers Association (NADA).
- The TEG Production Cost Trend showed limited upward pressure from feedstock and upstream markets, contributing to a softer pricing environment.
- The TEG Price Forecast remains bearish, with rising inventory levels and tepid end-use sector performance likely to suppress any significant price recovery.
APAC
- TEG prices in the APAC region declined by 3.16% quarter-over-quarter in Q2 2025, reaching USD 1130/MT CFR Qingdao in China by June, due to supply overhang and subdued downstream demand.
- Ample domestic output and rising imports from the Middle East, along with weakened feedstock ethylene oxide prices, contributed to excess market availability.
- Logistics remained volatile, with severe port congestion, vessel queues, and weather disruptions—including Tropical Storm—impacting major terminals like Shanghai, Ningbo, Qingdao, and Yantian.
- Downstream demand fluctuated, with sluggish performance in coatings, automotive fluids, and construction chemicals due to seasonal slowdown, U.S. tariff pressure, and uncertain industrial activity.
- A temporary tariff suspension between the U.S. and China drove a brief spike in exports and procurement during May but failed to offset the broader weak demand sentiment.
Why did the price of TEG change in July 2025 in the APAC?
- In July 2025, the TEG Price Index in the APAC region came under pressure due to potential inflows of competitively priced material from overseas market, where consumption remained weak.
- The TEG Market Demand Trend showed continued sluggishness, impacted by seasonal climate changes and the onset of an active monsoon period in several key regions.
- The TEG Price Outlook suggests further bearish sentiment, with limited recovery expected in the short term due to ongoing demand softness and increased import competition.
Europe
- TEG prices in Europe (Germany) declined by 10.6% quarter-over-quarter in Q2 2025, settling at USD 1457/MT CFR Hamburg by June, amid ample supply, subdued demand, and macroeconomic uncertainty.
- Robust import inflows from the Middle East and improved domestic output created a surplus environment. Meanwhile, feedstock ethylene oxide prices consistently dropped, easing production costs.
- Logistical challenges persisted, particularly in April and May, due to port congestion, labor strikes, inland rail disruptions, and adverse weather, though June showed relative logistical stability.
- Demand fundamentals weakened, especially in the coatings, solvents, and automotive segments, with buyers remaining cautious amid EU-U.S. tariff friction and slowing construction activity.
- Despite bearish trends, moderate recovery signs emerged in commercial infrastructure and automotive sales in late Q2.
Why did the price of TEG change in July 2025 in Europe?
- In July 2025, the TEG Price Index in Europe faced downward pressure amid elevated inventory levels and volatile crude oil prices, limiting any potential price recovery.
- The TEG Market Activity remained sluggish, with limited transactional volume and subdued buyer interest contributing to marginal price erosion across the region.
- The TEG Price Forecast points to continued bearish trends, driven by market oversupply and restrained trading momentum in the near term.
