Ethane glycol (ethane-1,2-diol), the principal constituent in antifreeze, is used to make polyethylene glycol (PEG). The average cost of oil-based ethylene glycol was 5,200 RMB/MT on March 31st, up 33 RMB/MT from the previous statistical cycle. During the first quarter of 2022, ethylene glycol prices climbed and subsequently decreased, while global crude oil prices were strong, corresponding to high naphtha and ethylene prices. The cost was under pressure to follow the increase in the second part of the month of March, but ethylene glycol's rise was held back by sluggish demand. The EO/EG co-production unit was biased towards ethylene glycol, terminal orders were lower than planned, and the transaction was stalled.
Procurement Resource provides latest prices of Allyl PEG. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Allyl PEG for several regions around the globe, which are as follows:
About Allyl PEG:
Allyl PEG, also known as APEG, is created through the reaction of ethylene oxide or EO and allyl alcohol. It is a reactive poly-ether that is used to make polycarboxylate-based water reducing agents. Liquid-based allyl PEG can be stored in iron-based drums, whereas flakes can be packed in woven bags made or composed of polypropylene.
The polymer capping process is used to produce allyl PEG from polyethylene glycol ether and allyl chloride. Polyethylene glycol (methyl-terminated) reacts with allyl chloride to produce allyloxy-methyl terminated polyethylene glycol ether, also known as allyl PEG.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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