Press release
Triethylene Glycol (TEG) Prices, Chart, News, Demand, Supply and Forecast
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ซ๐ข๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ ๐๐๐๐ซ๐ข๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐:
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.
๐๐ซ๐ข๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐:
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.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22681&flag=C
๐๐ซ๐ข๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ซ๐ฆ๐๐ง๐ฒ:
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.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/triethylene-glycol-pricing-report/requestsample
๐๐จ๐ฐ ๐๐๐๐๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ญ๐๐๐๐ฌ๐ ๐๐๐ง ๐๐๐ฅ๐ฉ
The latest IMARC Group study, "๐๐ซ๐ข๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ, ๐๐ซ๐๐ง๐, ๐๐ก๐๐ซ๐ญ, ๐๐๐ฆ๐๐ง๐, ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐๐ฐ๐ฌ, ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ญ๐ ๐๐๐๐ ๐๐๐ข๐ญ๐ข๐จ๐ง,"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.
๐๐ฏ๐ผ๐๐ ๐จ๐:
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.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (D) +91 120 433 0800
๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐: +1-631-791-1145
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