Triethylene Glycol Prices: Market Analysis, Trend, News, Graph and Demand
North America The North American Triethylene Glycol (TEG) market experienced modest price fluctuations influenced by shifting supply-demand dynamics and broader economic factors. At the beginning of the quarter, TEG prices recorded a slight dip. Although crude oil prices declined, stable demand from the oilfield sector, coupled with steady feedstock availability, helped maintain market balance. Strong activity in oil and gas production supported price stability despite external headwinds. Midway through the quarter, prices edged upward, driven by sustained demand from the textiles and automotive sectors and consistent production rates. However, overall market sentiment remained cautious. Falling crude oil prices and rising economic pressures, including an uptick in the Consumer Price Index (CPI), constrained downstream activity and limited further price growth. Towards the end of the quarter, TEG prices took a downward turn, falling by 1.02% to USD 1256/MT, particularly in t...