US Polyethylene Glycol Prices Rise 6.47% in July on Tighter Global Supply

The Polyethylene Glycol price trend was firmly upward during July. Early-month availability was constrained by thinner arrival schedules, encouraging merchants to secure August-loading cargoes earlier. By mid-month, reduced petrochemical operating rates in Asia further restricted export availability. European suppliers also reduced spot volumes ahead of summer maintenance, reinforcing the tighter supply environment. Consequently, U.S. buyers increasingly accepted higher Polyethylene Glycol offers to ensure supply continuity. According to the supplied ChemAnalyst assessment, Polyethylene Glycol *** CFR Texas increased *.*** during July, rising from the end-June level to the month-end assessment.

Feedstock developments added further support. Ethylene oxide, the principal upstream raw material for Polyethylene Glycol, recorded a modest increase during the reference period. The supplied data indicate that U.S. Gulf ethylene oxide values increased by *.***, raising replacement costs for overseas producers and encouraging exporters to maintain firmer Polyethylene Glycol offers. Softer operating rates at...