Glycols and Ethanolamines riding again on a roller coaster?

After an atypical 2016 with no significant price variations in the main glycols and ethylene oxide derivatives markets, 2017 has been a completely different year. Prices started skyrocketing at the end of 2016, and those levels were maintained during first few months of 2017, with a few ups-and-downs in recent weeks. The main driver for both glycols and ethanolamines usually is the price of ethylene and, therefore, of EO, but as that has not been the case this year, producers of glycols and ethanolamines have been able to consolidate margin increases.

The volatility of all these products is expected to continue over the next few months driven by supply and demand factors that will affect the fundamentals of the market and will define new trade flows between regions.

What can we expect from glycols and ethanolamines in the coming months and in 2018? Volatility is again the New Normal.

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javier rivera_web
Javier Rivera
Senior Consultant – EG, EO & Derivatives, Caprolactam, Polyamide Resin
Phone: +44 207 924 3955
javier.rivera@orbichem.com

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