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Mono Ethylene Glycol pricing Trend and Forecast

In North America, the Mono-Ethylene Glycol (MEG) market witnessed a stable to weak trend in the first half of Q1 but increased by 6% in the second half of Q1. The US market saw weak demand from downstream textile industry during the supply disruption caused by the Russia-Ukraine war, but the market improved later as supply eased. However, higher freight charges and port congestion kept the surge in prices with high overseas market orders. Demand for durable products increased in consumer goods such as food containers and bottles, leading to high offtakes of MEG. Mono Ethylene Glycol Price.

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Mono Ethylene Glycol pricing Trend and Forecast

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  1. Mono Ethylene Glycol Price Trend and Forecast In North America, the Mono-Ethylene Glycol (MEG) market witnessed a stable to weak trend in the first half of Q1 but increased by 6% in the second half of Q1. The US market saw weak demand from downstream textile industry during the supply disruption caused by the Russia-Ukraine war, but the market improved later as supply eased. However, higher freight charges and port congestion kept the surge in prices with high overseas market orders. Demand for durable products increased in consumer goods such as food containers and bottles, leading to high offtakes of MEG. Mono Ethylene Glycol Price increased in March, which settled at USD 725/MT FOB US Gulf (USA). https://www.chemanalyst.com/Pricing-data/mono-ethylene-glycol-4

  2. Mono Ethylene Glycol prices online

  3. Free search Mono Ethylene Glycol demand In Europe, the Mono-Ethylene Glycol market declined in the first half of Q1 but then increased by 1% due to market stability. The aggravating situation between Russia-Ukraine caused a weak demand for Mono Ethylene Glycol in the first quarter which resulted in the price drop. Downstream industries such as the Polyethylene Terephthalate and textile did not witness much demand. https://www.chemanalyst.com/Pricing-data/mono-ethylene-glycol-4

  4. Find the Mono Ethylene Glycol pricing

  5. For the Quarter Ending March 2022 As a result, Mono-Ethylene Glycol (MEG) prices have risen since the first quarter. In India, MEG prices were estimated to be USD 883 per MT Ex-Mumbai. The Mono-Ethylene Glycol market fluctuated throughout the first quarter, with prices dropping in the first half due to low demand from downstream industries and supply disruptions limiting product supply to the overseas market.

  6. Contact Us: ChemAnalyst: Contact No:- +1 3322586602 E-Mail:- sales@chemanalyst.com websites:- www.chemanalyst.com

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