| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Ethylene Glycol | China | FOB | USD 677.01/MT | June 2026 |
| Ethylene Glycol | USA | CIF | USD 831.96/MT | June 2026 |
| Ethylene Glycol | Germany | CIF | USD 798.50/MT | June 2026 |
| Ethylene Glycol | India | CIF | USD 1,010.57/MT | June 2026 |
| Ethylene Glycol | Japan | CIF | USD 709.86/MT | June 2026 |
| Ethylene Glycol | China | FOB | USD 1,042.88/MT | May 2026 |
| Ethylene Glycol | USA | CIF | USD 1,162.07/MT | May 2026 |
| Ethylene Glycol | Germany | CIF | USD 1,136.33/MT | May 2026 |
| Ethylene Glycol | India | CIF | USD 1,110.22/MT | May 2026 |
| Ethylene Glycol | Japan | CIF | USD 1,080.63/MT | May 2026 |
Stay updated with the latest Ethylene Glycol prices, historical data, and tailored regional analysis
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.
Asia
In China, ethylene glycol prices declined from ~USD 755.88/MT to ~USD 677.00/MT in Q2’26, showing a ~10.4% decrease. Persistent supply pressure and subdued polyester demand weighed on prices, while production economics remained constrained by feedstock costs and environmental restrictions. China remained the key demand center, but weak plant utilization and cautious downstream procurement limited market recovery. Rising import availability also reduced the impact of domestic production constraints, while changing global trade routes increased competition among suppliers. Polyester and PET production remained the principal downstream outlets, but limited utilization prevented stronger demand from absorbing available material.
Europe
In Germany, ethylene glycol prices fell from ~USD 882.16/MT in April to ~USD 798.50/MT in June, showing a ~9.5% decrease. Weak industrial demand and continued import availability pressured regional prices, while older petrochemical assets and lower production competitiveness limited the market’s ability to absorb excess supply. Ethylene availability remained a key production factor as weak cracker operating conditions and persistent structural oversupply affected upstream economics. Limited improvement in derivative demand, particularly from polyester-related applications, kept procurement subdued. Import competition further restricted producer pricing power as European buyers had access to competitively priced external material.
North America
In the United States, ethylene glycol prices edged down from ~USD 842.88/MT to ~USD 832.00/MT, showing a ~1.3% decrease. The relatively modest decline reflected continued oversupply alongside stronger structural competitiveness from ethylene feedstock availability and natural-gas-based production economics. However, weaker access to Chinese demand disrupted traditional export flows, forcing producers to redirect material toward alternative destinations. Reduced production rates at some facilities reflected weaker export economics, while polyester, PET and industrial demand remained insufficient to rapidly absorb excess availability. Trade-flow rebalancing therefore remained a key factor limiting price recovery.
Analyst Insight
According to Procurement Resource, ethylene glycol prices are likely to remain under pressure as oversupply and weak polyester demand persist, while regional production adjustments and changing trade routes may gradually rebalance availability.
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Asia
In Asia, ethylene glycol prices increased significantly during Q1’26 due to cost escalation and tightening supply. In China, the prices were ~3.95 RMB/kg (Spot FD) in January and ~4.92 RMB/kg in March, reflecting an increase of ~24.56%. The rise was driven by higher feedstock ethylene costs as crude oil prices surged due to disruptions in global energy flows. Reduced operating rates at steam crackers across Asia limited ethylene availability, tightening supply for ethylene glycol production. Buyers increasingly relied on imports due to constrained regional output, which intensified competition for cargoes and supported prices. In India, the prices were ~59.93 INR/kg (CIF) in January and ~77.19 INR/kg in March, reflecting an increase of ~28.80%. The sharper increase was influenced by strong import dependence, where higher global prices and freight costs were directly passed through to the domestic market. Tight regional supply and elevated feedstock costs further supported the upward trend, while steady demand from the polyester and textile sectors maintained procurement activity.
Europe
In Europe, ethylene glycol prices remained under pressure despite global cost support. Structural oversupply and weak downstream demand from the polyester and industrial sectors limited price recovery. Continued imports of ethylene and derivatives reduced the need for higher domestic production, while low cracker utilization rates kept supply sufficient. Although rising feedstock costs provided some support, weak industrial demand and economic uncertainty restricted any meaningful price increase.
North America
In North America, ethylene glycol prices showed limited movement, influenced by oversupply and weak downstream demand. Rising feedstock costs from higher ethane and natural gas prices increased production expenses, but these were not fully passed on due to sluggish demand conditions. Inventory levels remained adequate, and cautious purchasing behaviour from downstream industries kept the market stable with limited upward momentum.
Ethylene Glycol appears as a clear, colourless syrupy liquid having the ability to absorb water. It is odourless but comes with a sweet taste. The chemical is utilised to make antifreeze as well as de-icing solutions for cars, airplanes, or boats. It is also utilised in hydraulic brake fluids as well as in inks that are utilised in stamp pads, ballpoint pens, or print shops.
(CH2OH)2
Adhesives and sealant chemicals, Coolant and heat-transfer agent, Antifreeze formulations, Precursor to polymers, Dehydrating agent, Air-conditioning
1,2-ethanediol, Ethylene alcohol, Hypodicarbonous acid, Monoethylene glycol, 1,2-Dihydroxyethane, Ethane-1,2-diol
ME Global, Saudi Basic Industries Corporation (SABIC), China Petroleum & Chemical Corporation (Sinopec), Reliance Industries Limited, Shell Global, INEOS Capital Limited, India Glycols Ltd., SPDC Ltd.
CurrencyUS$ (Data can also be provided in local currency)
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, hydrolysis of ethylene oxide with water forms a coarse ethylene glycol combination. Further, vacuum fractional distillation is carried out to separate oligomers such as monoethylene and triethylene glycol along with water to obtain Ethylene Glycol as the result.
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This report presents a detailed cost analysis of neopentyl glycol production from isobutyraldehyde and formaldehyde through the aldol reaction.
Green Ethylene Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
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