Investments in ethylene production capacity across Asia and the Middle East are improving supply availability for the metallocene polyethylene market. China continues to add ethylene capacity, supporting raw material availability for polyethylene manufacturers. The capacity additions are strengthening regional production capabilities and improving the overall supply outlook for ethylene.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Diethylene Glycol | China | FOB | USD 1,074.67/MT | June 2026 |
| Diethylene Glycol | USA | CIF | USD 1,229.62/MT | June 2026 |
| Diethylene Glycol | Germany | CIF | USD 1,196.16/MT | June 2026 |
| Diethylene Glycol | India | FOB | USD 1,052.68/MT | June 2026 |
| Diethylene Glycol | Japan | CIF | USD 1,107.52/MT | June 2026 |
| Diethylene Glycol | China | FOB | USD 1,042.88/MT | May 2026 |
| Diethylene Glycol | USA | CIF | USD 1,162.07/MT | May 2026 |
| Diethylene Glycol | Germany | CIF | USD 1,136.33/MT | May 2026 |
| Diethylene Glycol | India | FOB | USD 1,203.67/MT | May 2026 |
| Diethylene Glycol | Japan | CIF | USD 1,080.63/MT | May 2026 |
Stay updated with the latest diethylene glycol prices, historical data, and tailored regional analysis
Asia
In China, the prices of Diethylene Glycol were ~USD 1,090.68/MT in April and ~USD 1,075.00/MT in June, showing a ~1.4% decrease. Weak unsaturated polyester resin demand kept purchasing largely need-based and outweighed tight physical availability. April DEG imports dropped to 5,800 tonnes, down 83.75% month on month, while exports reached 14,700 tonnes, up ~122%. East China inventories subsequently fell from 27,900 tonnes in mid-April to 12,600 tonnes by early June. Maintenance across major EG/DEG facilities totalling about 1.83 million tonnes/year of combined capacity tightened supply further, limiting the overall decline.
Europe
In Germany, the prices of Diethylene Glycol were ~USD 1,216.96/MT in April and ~USD 1,196.20/MT in June, showing a ~1.7% decrease. Europe entered Q2 with constrained glycol imports and tight ethylene availability following Middle Eastern disruptions. U.S. ethylene exports reached 124,000 tonnes in April as European buyers sought replacement feedstock. Conditions eased during May and June as regional crackers restarted and import requirements declined, reducing ethylene oxide and glycol production-cost pressure.
North America
In the United States, the prices of Diethylene Glycol were ~USD 1,177.68/MT in April and ~USD 1,229.60/MT in June, showing a ~4.4% increase. Strong early-quarter ethylene exports tightened domestic feedstock availability and supported glycol production economics. Export pressure later weakened as European crackers returned, while broader petrochemical exports also moderated. However, earlier supply-chain tightening kept North American DEG conditions comparatively firmer than Asia and Europe.
Analyst Insight
According to Procurement Resource, in the near-term, DEG conditions are expected to remain broadly stable, as improving feedstock availability offsets still-cautious downstream resin demand.
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Asia
In Asia, Diethylene Glycol prices strengthened during Q1’26 as tighter regional olefin supply and elevated import dependence supported market sentiment. Reduced operating rates at steam crackers and ongoing capacity rationalization in Japan and South Korea constrained spot availability and increased competition for imported cargoes. In India, ethylene-linked pricing rose by around 5.16% between February and March, supported by constrained regional supply and stronger import reliance. Geopolitical risks further intensified as concerns over disruptions to nearly 20% of global oil and LNG flows through the Strait of Hormuz increased upstream production and transportation costs across the regional glycol market.
Europe
In Europe, Diethylene Glycol prices remained subdued-to-stable during Q1’26 as weak downstream industrial activity and structural oversupply limited stronger market recovery. Low cracker operating rates and continued imports of olefins and derivatives pressured regional producers, while inflationary conditions and slow manufacturing activity reduced consumption from resins, coatings, and construction sectors. However, elevated logistics and energy costs linked to the Iran conflict and disruptions around the Strait of Hormuz prevented sharper price declines by increasing replacement and operating expenses for import-dependent buyers.
North America
In North America, Diethylene Glycol prices remained relatively stable as oversupply and cautious downstream procurement offset upstream cost pressure. Higher natural gas and feedstock costs linked to stronger global energy demand and new cracker startups compressed producer margins and supported regional pricing sentiment. Although derivative demand from polyester, automotive fluids, and industrial applications remained moderate, elevated freight and energy-market volatility tied to Middle East tensions prevented significant downside movement in the market during Q1’26.
Diethylene glycol is a colourless hygroscopic liquid denser than water and can be slightly toxic if ingested. It is used to make antifreeze, brake fluids and dyes.
C4H10O3
Plastic, oil, paint, coatings, natural gas industry, textile dyes
2- (2-hydroxyethoxy) ethanol, Diglycol
CNPC, Reliance Group, SABIC, BASF, Royal Dutch Shell PLC
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Diethylene glycol is obtained by the partial hydrolysis of ethylene oxide which is produced by the oxidation of ethylene.
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