Diethylene Glycol (DEG) prices witnessed a diverse price trend in the key global market during the early half of November 2025. US and European markets witnessed a bullish trend while the prices across the Asian Pacific market remained stable. This trend is mainly attributed to supply-demand dynamics, feedstock market, logistics conditions and the seasonal factor.
In the United States, DEG prices witnessed a bullish trend, with prices inclining by 1.37% during the November H1. This is attributed to the tight supply conditions and logistics constraints. Tight supply condition emerged as after the September high in end use automotive sector, the expectation in recovery is slow across the industry which prompted the market players to adjust the inventory accordingly while some buyers expected to increase demand in November, compelled them to start procurement.
DEG imports were also influenced during the period as Shell Canada’s Scotford complex scheduled a planned 20-day maintenance shutdown from November 1. Concurrently, rail dwell times, vessel delays also persisted, influencing the supply chain. In early November, Houston highest at 9–10 days and New York experiencing occasional vessel delays due to crane outages.
European market mirrored the same trend observed across the United States market. In Germany, DEG prices increased by 2.0%, due to the demand pull and tight supply conditions. DEG demand from the downstream remained up during these periods from the downstream paints, coatings, solvent and resin industries coupled with the improvement in end use automotive industry.
German Federal Land Transport Authority (KBA) revealed that the vehicle registrations rose in October to 250,133 units, up 6.2% month-on-month, encouraging procurement. Logistical pressures persisted due to increasing vessel waiting times across the key European ports including Hamburg, exerting slight upward influence on DEG market pricing.
In the Asian Pacific market, prices for the DEG remained stable during the early half of November 2025. This is mainly attributed to the ample supply, insufficient cost support from the feedstock and steady demand from downstream. Supply remained smooth, supported by the ample inventory and steady imports.
Feedstock Ethylene Oxide prices declined by 2.26% during the week, coupled with the weak upstream support. Demand for the DEG from the downstream paints, coatings, industrial solvents and resin manufacturing industries were steady coupled with the positive sentiments across the key end use industries. End use automotive industry’s sales improved while the construction sector growth was underperformed yet improving, maintaining the DEG demand across downstream applications.
