Mono Ethylene Glycol (MEG) markets in the USA shifted from an early-month uptrend to a mid-April pullback as downstream buyers tempered activity amid volatile weekly flows. In the opening period, tighter availability and elevated upstream costs supported firmer offers, while mid-month softness in spot demand and reluctance to build inventories prompted a corrective retreat. Overall sentiment remained cautious, with tight domestic supply and ongoing feedstock pressure underpinning a bullish backdrop for much of the month, yet volatility and selective buying produced a pronounced mid-month correction. Demand patterns were mixed, with core MEG users covering immediate needs rather than expanding stockpiles. Early-month support from steady downstream consumption and limited stock-building allowed sellers to lift offers, contributing to a monthly uptick, even as spot liquidity moderated. Recent weeks show sustained momentum amid supply tightness and rising feedstock costs for MEG. Planned regional maintenance and higher transport expenses added episodic upside pressure, while muted inventory builds suggest only measured gains ahead.
