Chemanalyst23 Aug, 2023Business
Triethylene Glycol prices experienced a decline of nearly 5% during the second quarter of 2023. Despite the overall market being bullish, driven by declining prices of upstream ethylene oxide, the demand from the plasticizers segment remained largely absent among consumers. This was despite a cooling of inflation by approximately 0.6% and an appreciation of the Consumer Price Index (CPI) by over 2 points. The depreciating prices of feedstock ethylene oxide contributed to eased production costs.
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