US Mono Ethylene Glycol (MEG) prices showed strong momentum through August before entering a near-term pause in early September, with market activity reflecting tightened availability and higher upstream replacement costs. Early in the month, buyers reacted to a sharp pickup in spot activity and logistics-driven replacement-cost pressures, which propelled consecutive weekly gains through August. By the turn of the month, that rally had eased into a flat weekly read recorded in the week ending * September, per weekly assessment data, signaling temporary stabilization after several weeks of firming. The month therefore unfolded as a clear supply-led strengthening phase, with buyers increasingly focused on securing prompt MEG volumes before the market settled into early-September stability.
August saw a significant improvement in MEG prices in the US market, supported by tight global supply conditions, firm upstream pricing, and logistics constraints. At the same time, maintenance shutdowns...
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