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Triethylene Glycol (TEG) Prices, Chart, News, Demand, Supply and Forecast

01-17-2025 12:18 PM CET | Chemicals & Materials

Press release from: IMARC Group

Triethylene Glycol (TEG) Prices, Chart, News, Demand, Supply

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐“๐ซ๐ข๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐Œ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐๐Ÿ‘

๐“๐ซ๐ข๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐”๐’๐€:

The Triethylene Glycol Prices was USD1240 metric ton in September 2024 in the United States. The price value showed a downward trend in the third quarter, owing to low demand in the major consuming sections such as resins and antifreeze. Severe weather disruptions also added to the market problems. The high-interest rate was a source of slow down in the construction sector, restricting its demand for TEG. On the other hand, the market was further affected by lower chemical exports, which worsened the market conditions. The blend of weak demand with adverse weather and economic struggles brought TEG down in price in Q3 2024.

๐“๐ซ๐ข๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š:

In September 2024, triethylene glycol (TEG) prices in China were assessed at 1350 USD per metric ton. Demand from the construction and resin sectors was weak and this led to some price drop in the market. Oversupply and lower costs of raw materials did not elicit strong purchasing activity, with buyers buying cautiously and inventories low. This scenario of weak demand and surplus supply, coupled with a lack of action on the market side, translated into negative market sentiments leading to the descending price trend of TEG for the third quarter of 2024.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—ฎ๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22681&flag=C

๐“๐ซ๐ข๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐†๐ž๐ซ๐ฆ๐š๐ง๐ฒ:

In September 2024, the price of triethylene glycol (TEG) in Germany was 1615 USD per metric ton. The market prices saw steep declines due to poor demand from key industries like automotive and construction. The oversupply, along with steady production, weighed down further on prices. Lower crude oil prices contributed to production costs, but this did nothing to ignite demand for TEG and subsequent prices continued to decline. These factors taken together made for a difficult market for TEG in Germany during the third quarter of 2024.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/triethylene-glycol-pricing-report/requestsample

๐‡๐จ๐ฐ ๐ˆ๐Œ๐€๐‘๐‚ ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐ƒ๐š๐ญ๐š๐›๐š๐ฌ๐ž ๐‚๐š๐ง ๐‡๐ž๐ฅ๐ฉ

The latest IMARC Group study, "๐“๐ซ๐ข๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐๐ซ๐ข๐œ๐ž๐ฌ, ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐„๐๐ข๐ญ๐ข๐จ๐ง,"presents a detailed analysis of Triethylene Glycol price trend, offering key insights into global Triethylene Glycol market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Triethylene Glycol demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

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