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Diethylene Glycol Price Trend and Forecast

⟳ Weekly Update
|
Historical Data Since 2015
|
Forecast for 2026
  • Commodity Pricing

diethylene glycol Markets Covered:

twTaiwan
usUnited States
inIndia
kwKuwait
saSaudi Arabia
mxMexico
deGermany
beBelgium

Global diethylene glycol Price Trend, Analysis and Forecast​

In Q1 2025, diethylene glycol prices varied across regions. In China, prices decreased by 11%, reaching 544 USD/Ton, due to a favorable supply-demand balance and steady demand from the automotive, textile, and paints and coatings industries. In the USA, prices dropped by 4.7%, reaching 839 USD/Ton, attributed to a balanced supply-demand situation and consistent consumption. In Kuwait, prices fell by 12.8%, reaching 526 USD/Ton, with a significant price drop driven by market adjustments and stable demand across the automotive, textile, and paints and coatings sectors. These changes reflected typical market fluctuations and adjustments during the period. 

Diethylene GlycolTrend Analysis: Q2 2025

In Q1 2025, diethylene glycol prices varied across regions. In China, prices decreased by 11%, reaching 544 USD/Ton, due to a favorable supply-demand balance and steady demand from the automotive, textile, and paints and coatings industries. In the USA, prices dropped by 4.7%, reaching 839 USD/Ton, attributed to a balanced supply-demand situation and consistent consumption. In Kuwait, prices fell by 12.8%, reaching 526 USD/Ton, with a significant price drop driven by market adjustments and stable demand across the automotive, textile, and paints and coatings sectors. These changes reflected typical market fluctuations and adjustments during the period. 

In Q1 2025, diethylene glycol prices showed a decline across regions. In CIF India (Kuwait), prices decreased by 12%, reaching 553 USD/Ton, due to a balanced supply-demand situation and steady consumption across the automotive, textile, and paints and coatings industries. In India, prices also dropped by 4%, reaching 667 USD/Ton, attributed to similar supply-demand conditions and consistent demand in these sectors. Both regions experienced stable consumption, reflecting typical market fluctuations.  

Diethylene Glycol Trend Analysis: Q4 2024

In Q4 2024, diethylene glycol prices showed varied trends across regions. In China, prices decreased by 6.9%, reaching 611 USD/Ton, due to a favorable supply-demand balance and stable consumption in the automotive, textile, and paints and coatings industries. In the USA, prices increased by 0.3%, reaching 880 USD/Ton, driven by slight production cost increases and consistent demand across these sectors. In Kuwait, prices decreased by 1.6%, reaching 603 USD/Ton, attributed to a balanced supply-demand situation and steady consumption in the automotive, textile, and paints and coatings industries. Overall, these changes reflect normal market fluctuations across these regions. 

In Q4 2024, diethylene glycol prices showed mixed trends across regions. In CIF India (Kuwait), prices decreased by 3%, reaching 631 USD/Ton, attributed to a balanced supply-demand situation and steady consumption from the automotive, textile, and paints and coatings industries. In India, prices dropped by 7%, reaching 693 USD/Ton, with the price reduction also linked to stable demand and a balanced supply-demand scenario across these sectors. Both regions experienced consistent demand in the automotive, textile, and paints and coatings industries during this period, reflecting normal market fluctuations.  

In Q3 2024, diethylene glycol prices showed regional variation. In China, prices fell by 0.2%, settling at 656 USD/Ton, influenced by a balanced supply-demand dynamic and consistent demand from the automotive, construction, textile, and paints and coatings sectors. In the USA, prices climbed by 7%, reaching 877 USD/Ton, driven by higher production costs and steady consumption. Meanwhile, in Kuwait, prices rose slightly by 0.2%, reaching 613 USD/Ton, due to a balanced supply-demand situation and stable demand across the automotive, construction, textile, and paints and coatings industries. 

In Q3 2024, diethylene glycol prices showed mixed trends across regions. In CIF India (Kuwait), prices increased by 2%, reaching 652 USD/Ton, driven by a slight rise in production costs and stable demand from the automotive, textile, and paints and coatings industries. In India, prices decreased by 3%, reaching 763 USD/Ton, attributed to a balanced supply-demand situation and steady consumption across these key sectors. Both regions saw consistent demand from the automotive, textile, and paints and coatings industries, reflecting stable market dynamics during this period.  

In Q2 2024, diethylene glycol prices showed mixed trends across regions. In China, prices increased by 0.2%, reaching 657 USD/Ton, due to a balanced supply-demand situation and stable demand from the automotive, construction, textile, and paints and coatings industries. In the USA, prices rose by 2%, reaching 802 USD/Ton, driven by moderate production cost increases and consistent consumption across these sectors. In Kuwait, prices fell by 8%, reaching 612 USD/Ton, attributed to a balanced supply-demand scenario and steady consumption in the automotive, construction, textile, and paints and coatings industries. 

In Q2 2024, diethylene glycol prices showed a downward trend across regions. In CIF India (Kuwait), prices decreased by 7%, reaching 640 USD/Ton, driven by a balanced supply-demand situation and stable demand in the automotive, textile, and paints and coatings industries. Similarly, in India, prices decreased by 3%, reaching 763 USD/Ton, with steady demand across the same industries. Both regions experienced consistent consumption, reflecting normal market dynamics and balanced supply-demand conditions during this period.  

In Q1 2024, diethylene glycol prices showed mixed trends across different regions. In China, prices decreased by 2%, reaching 656 USD/Ton, driven by a balanced supply-demand scenario and stable consumption across the automotive, construction, textile, and paints and coatings industries. In the USA, prices increased by 6%, reaching 802 USD/Ton, due to higher production costs and strong demand across these sectors. Similarly, in Kuwait, prices rose by 7%, reaching 662 USD/Ton, attributed to increased production costs and consistent demand from the automotive, construction, textile, and paints and coatings industries. 

In Q1 2024, diethylene glycol prices exhibited varying trends across regions. In CIF India (Kuwait), prices increased by 9%, reaching 687 USD/Ton, primarily due to higher production costs and stable demand from the automotive, textile, and paints and coatings sectors. In contrast, prices in India decreased by 2%, dropping to 790 USD/Ton, as a result of a balanced supply-demand situation and consistent consumption across these industries. Both regions saw steady demand in automotive, textiles, and paints and coatings, with price changes reflecting regional supply conditions.  

diethylene glycol Parameters Covered: 

  • Ethylene Oxide
  • Ethylene Glycol
  • Kuwait
  •  USA
  •  Saudi Arabia
  •  Belgium
  •  China
  • Automotive
  • Plasticizers
  • Paints and coatings
  • Construction Industry
  • Textile Industry
  • Mexico
  • Germany
  • India

Historically, several events have caused significant fluctuations in Diethylene Glycol prices

  • Russia-Ukraine Conflict (2022):  Russia and Ukraine are key players in the chemical industry. Disruptions in production and transport routes due to the conflict have led to shortages in various chemicals, including DEG. The instability in Eastern Europe has contributed to decreased prices for chemicals. As supply tightened and demand remained, prices for DEG and related products surged. The conflict has also affected energy prices, impacting production costs for chemicals. The geopolitical situation has created a volatile market, leading to unpredictable price fluctuations for DEG and other industrial chemicals. Companies have had to seek alternative suppliers or adjust their supply chains, which can also affect pricing and availability. 
  • Texas Winter Storm (2021): The severe weather caused widespread power outages and shut down many chemical plants in Texas, a major hub for chemical production. This resulted in decreased production of DEG and other chemicals. The disruption caused by the storm contributed to ongoing volatility in the chemical market, with fluctuating prices in the weeks and months following the event. 
  • COVID-19 Pandemic (2020):  With the rise in demand for disinfectants and sanitizers, which often contain DEG or its derivatives, there was a spike in interest in chemicals like DEG, contributing to price fluctuations. Initial supply shortages coupled with demand shifts led to volatile pricing for DEG. Some suppliers raised prices due to the increased costs of production and logistics. 
  • Geopolitical Tensions (2018-2019):  The uncertainty surrounding international relations during this period created a volatile market environment, where prices for DEG could swing based on news related to trade policies or sanctions. 
  • Shale Gas Boom (2010s): With increased feedstock supply and reduced production costs, prices for DEG and other related chemicals often experienced downward pressure. This made DEG more competitively priced in various applications. 
  • Global Financial Crisis (2008-2009): Many chemical manufacturers faced financial challenges and were forced to reduce production or temporarily shut down facilities. This led to supply chain disruptions but also contributed to a temporary oversupply of DEG as inventory levels built up. Prices for DEG experienced volatility during the crisis. Initially, the drop in demand pushed prices down, but as production cuts were implemented, prices began to stabilize. 
  • Hurricane Katrina (2005): The crisis created a volatile market environment, with fluctuations in prices due to uncertainties surrounding supply restoration and recovery efforts. 
  • Oil Price Shocks (1970s-1980s): The economic turmoil caused by oil price shocks affected demand across various sectors, leading to fluctuations in the overall demand for chemicals, including DEG. 

 

These events underscore the Diethylene Glycol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

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Historically, several events have caused significant fluctuations in Diethylene Glycol prices

  • Russia-Ukraine Conflict (2022):  Russia and Ukraine are key players in the chemical industry. Disruptions in production and transport routes due to the conflict have led to shortages in various chemicals, including DEG. The instability in Eastern Europe has contributed to decreased prices for chemicals. As supply tightened and demand remained, prices for DEG and related products surged. The conflict has also affected energy prices, impacting production costs for chemicals. The geopolitical situation has created a volatile market, leading to unpredictable price fluctuations for DEG and other industrial chemicals. Companies have had to seek alternative suppliers or adjust their supply chains, which can also affect pricing and availability. 
  • Texas Winter Storm (2021): The severe weather caused widespread power outages and shut down many chemical plants in Texas, a major hub for chemical production. This resulted in decreased production of DEG and other chemicals. The disruption caused by the storm contributed to ongoing volatility in the chemical market, with fluctuating prices in the weeks and months following the event. 
  • COVID-19 Pandemic (2020):  With the rise in demand for disinfectants and sanitizers, which often contain DEG or its derivatives, there was a spike in interest in chemicals like DEG, contributing to price fluctuations. Initial supply shortages coupled with demand shifts led to volatile pricing for DEG. Some suppliers raised prices due to the increased costs of production and logistics. 
  • Geopolitical Tensions (2018-2019):  The uncertainty surrounding international relations during this period created a volatile market environment, where prices for DEG could swing based on news related to trade policies or sanctions. 
  • Shale Gas Boom (2010s): With increased feedstock supply and reduced production costs, prices for DEG and other related chemicals often experienced downward pressure. This made DEG more competitively priced in various applications. 
  • Global Financial Crisis (2008-2009): Many chemical manufacturers faced financial challenges and were forced to reduce production or temporarily shut down facilities. This led to supply chain disruptions but also contributed to a temporary oversupply of DEG as inventory levels built up. Prices for DEG experienced volatility during the crisis. Initially, the drop in demand pushed prices down, but as production cuts were implemented, prices began to stabilize. 
  • Hurricane Katrina (2005): The crisis created a volatile market environment, with fluctuations in prices due to uncertainties surrounding supply restoration and recovery efforts. 
  • Oil Price Shocks (1970s-1980s): The economic turmoil caused by oil price shocks affected demand across various sectors, leading to fluctuations in the overall demand for chemicals, including DEG. 

 

These events underscore the Diethylene Glycol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global diethylene glycol price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the diethylene glycol market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence diethylene glycol prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely diethylene glycol market data.

Track PriceWatch's diethylene glycol price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Diethylene Glycol production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Diethylene Glycol supply chain, from raw material availability (e.g., Ethylene Oxide) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Diethylene Glycol prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Diethylene Glycol production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Diethylene Glycol demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Diethylene Glycol production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Diethylene Glycol production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Diethylene Glycol pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Diethylene Glycol prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Diethylene Glycol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Diethylene Glycol price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for diethylene glycol. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The price of diethylene glycol (DEG) is influenced by several key factors, including raw material costs, production capacity, and market demand. Fluctuations in the prices of feedstocks, such as ethylene oxide, directly impact DEG pricing. Additionally, supply chain dynamics, geopolitical events, and seasonal demand variations from industries like automotive, textiles, and pharmaceuticals play a significant role in price determination. Understanding these factors is crucial for effective procurement planning.

To manage price fluctuations in diethylene glycol procurement, teams can implement several strategies. Diversifying the supplier base helps mitigate risks associated with reliance on a single source. Establishing long-term contracts with fixed pricing can protect against market volatility. Regularly monitoring market trends and raw material costs will enable procurement professionals to anticipate price changes. Additionally, effective inventory management practices can buffer against sudden price increases.

Current market trends affecting diethylene glycol pricing include increased demand from the automotive and construction sectors, driven by rising production activities. Additionally, sustainability initiatives are prompting shifts towards greener production methods, influencing pricing dynamics. Supply chain challenges, such as logistical disruptions and raw material availability, also contribute to market fluctuations. Staying informed about these trends is essential for procurement heads to make strategic sourcing decisions.

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