Polytetramethylene Ether Glycol (PTMEG) Prices

Polytetramethylene Ether Glycol (PTMEG) Price Trend and Forecast

Track the latest insights on polytetramethylene ether glycol (PTMEG) price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.

Polytetramethylene Ether Glycol (PTMEG) Prices Q4 2024

During the last quarter of 2024, the polytetramethylene ether glycol (PTMEG) prices in the United States reached 2300 USD/MT in December. The market faced a price drop in Q4 2024 as reduced consumption from the polyurethane and spandex industries, coupled with oversupply, created downward pressure. Manufacturers minimized output to navigate bloated inventories, while weak purchasing deepened market concerns. However, November and December saw modest price rebounds, supported by higher energy costs and winter apparel demand. Retail growth and delicate stock management prevented sharper declines yet couldn’t drive significant recovery.

In the last quarter of 2024, polytetramethylene ether glycol (PTMEG) in China priced at 1850 USD/MT in December. The prices fell in Q4 2024 amid poor spandex demand, surplus stock, and declining raw material expenses. Domestic and export activities remained sluggish, further dampening the market. November extended the downtrend, with subdued procurement and excess supply maintaining downward pressure. December brought a slight lift due to seasonal demand for winter textiles, yet cautious downstream buying and high inventories kept the recovery limited, preventing significant momentum in spite of the seasonal boost.

During the last quarter of 2024, polytetramethylene ether glycol (PTMEG) pricing in Germany saw fluctuations. The quarter ended with polytetramethylene ether glycol (PTMEG) priced at 2480 USD/MT in December. The market struggled with declining prices as deprived need from polyurethane and spandex industries, along with the inventory buildup, pressured valuations. Reduced operating rates among spandex producers reflected the ongoing supply glut and price competition. December offered some relief as winter clothing production saw moderate gains. Still, despite careful inventory control by manufacturers, the market continued to be limited by oversupply and hesitant purchasing, restricting any substantial price recovery.

Polytetramethylene Ether Glycol (PTMEG) Prices Q3 2024

The polytetramethylene ether glycol (PTMEG) prices in the United States for Q3 2024 reached 2600 USD/MT in September. The market experienced persistent price drops throughout Q3 2024, influenced by weak demand from the textile and spandex industries. Inventory surplus and intensified competition among suppliers further pressured valuations, restricting any possible price rebound. Market sentiment remained bearish, with limited procurement and cautious purchasing strategies prevailing. Despite production adjustments to manage stock levels, overall conditions remained subdued, reinforcing the sector’s ongoing pricing downturn.

The price trend for polytetramethylene ether glycol (PTMEG) in Germany for Q3 2024, reached 2864 USD/MT in September. The market faced challenges due to the demand constraints and excess inventory driving continuous price declines. The textile and spandex industries remained weak, leading to minimal trading volumes and hesitant procurement. Competition among suppliers intensified, exacerbating pricing pressures. Attempts to stabilize the market saw limited success as subdued international trade agreements and the production surplus persisted. Despite strategic inventory adjustments, oversupply concerns kept the market locked in a downward trend.

Polytetramethylene Ether Glycol (PTMEG) Prices Q2 2024

The polytetramethylene ether glycol (PTMEG) prices in the United States for Q2 2024 reached 2550 USD/MT in June. The market declined steadily due to oversupply and weakened demand for textiles and spandex. Economic uncertainties, such as inflation and geopolitical issues, compounded these challenges, while reduced summer textile production further suppressed procurement activity.

The price trend for polytetramethylene ether glycol (PTMEG) in South Korea for Q2 2024 settled at 2200 USD/MT in June. The market faced significant price drops due to oversupply and weakened downstream demand. High freight costs, port congestion, and reduced imports from China, along with seasonal demand fluctuations, added to the negative sentiment, creating a challenging environment.

In Germany, the polytetramethylene ether glycol (PTMEG) prices for Q2 2024 reached 2830 USD/MT in June. The market faced declining prices due to low demand in textiles, coatings, and spandex. Economic instability, excess inventory, and weak feedstock support added pressure. Seasonal slowdowns in production and adverse weather hindered recovery, leading to a continued downward price trend throughout the quarter.

Polytetramethylene Ether Glycol (PTMEG) Prices Q1 2024

The polytetramethylene ether glycol (PTMEG) prices in the United States for Q1 2024 reached 2967 USD/MT in March. The market witnessed significant price increases in the first quarter of 2024, driven by strong demand from downstream industries and rising import costs. Geopolitical tensions have also contributed to higher production expenses, supporting the upward trend in PTMEG prices nationwide.

The price trend for polytetramethylene ether glycol (PTMEG) in China for Q1 2024 settled at 2449 USD/MT in March. The market initially witnessed price stability due to strong textile industry demand. After a slight decline in February from reduced procurement, it rebounded in March with a steady supply of feedstock and renewed demand from domestic and European sectors, maintaining price stability.

In Germany, the polytetramethylene ether glycol (PTMEG) prices for Q1 2024 reached 2703 USD/MT in March. In the first quarter of 2024, the market saw steady price growth. This trend was driven by increased demand from the polyurethane sector and higher import costs. Additionally, geopolitical tensions contributed to rising production expenses, reinforcing Germany's role as a key player in the positive pricing environment in Europe.

Polytetramethylene Ether Glycol (PTMEG) Prices Q4 2023

The polytetramethylene ether glycol (PTMEG) prices in the USA for Q4 2023 reached 2810 USD/MT in December. The product price in the USA fell due to weak feedstock support and reduced end-user demand. Inflation and high interest rates dampened consumer expenditure, especially in the construction and textile sectors, leading to diminished sales and inventory buildups. Falling crude oil prices also eased production costs, adding to the overall price drop.

For the last quarter of 2023, PTMEG prices in Germany saw a steady decline, influenced by weak feedstock support and reduced consumption across the textile sector. The German chemicals industry faced significant challenges with interest rates and inflation, leading to inventory surpluses and lower manufacturing costs. Reduced market activity and downstream demand added to the price drop, reaching 2615 USD/MT in December.

The price of PTMEG in South Korea declined due to weak feedstock support and sluggish requirements from downstream industries. The construction sector faced high material costs, reducing demand and sales. Ample stockpiles and fewer supplier inquiries further pushed prices down to 2450 USD/MT in December, indicating the economic challenges and subdued market conditions.

Regional Coverage

The report provides a detailed analysis of the polytetramethylene ether glycol (PTMEG) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the polytetramethylene ether glycol (PTMEG) price trend.

Global Polytetramethylene Ether Glycol (PTMEG) Price Trend

The report offers a holistic view of the global polytetramethylene ether glycol (PTMEG) pricing trends in the form of polytetramethylene ether glycol (PTMEG) price chart, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis highlights the current price and provides insights into polytetramethylene ether glycol (PTMEG) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into polytetramethylene ether glycol (PTMEG) price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed polytetramethylene ether glycol (PTMEG) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Polytetramethylene Ether Glycol (PTMEG) Price Trend

Q4 2024:

In the last quarter of 2024, the European market exhibited a blend of downward pressure and a seasonal boost. The market faced price drops in Q4 2024, triggered by subdued demand from polyurethane and spandex applications, an ongoing supply glut, and stiff competition. Inventory accumulation and sluggish purchasing further intensified the downturn. Spandex producers scaled back operations due to profitability concerns. December, however, brought slight price improvements as frosty weather fuelled demand for winter garments. Though manufacturers optimized inventory management, the broader market continued to be restrained by excess availability and mindful procurement strategies, capping any significant recovery.

Q3 2024:

In the third quarter of 2023, polytetramethylene ether glycol (PTMEG) prices followed a downward path, largely impacted by subdued demand and excess supply. The textile and spandex industries faced ongoing struggles, leading to reduced trading activity and limited procurement. Germany experienced consistent pricing pressure, influenced by weak global textile demand and lackluster expense support from raw materials. Hesitant purchasing behavior reflected concerns over financial losses, while competitive pricing among suppliers added to the bearish market sentiment. Despite industry attempts to stabilize valuations, weak international trade agreements and overproduction continued to restrain any meaningful recovery, keeping the market under prolonged downward pressure.

Q2 2024:

The European PTMEG market in Q2 2024 was marked by a steady decline in prices, heavily influenced by the subdued demand from sectors like textiles, spandex, and coatings. Persistent economic uncertainties, driven by inflation and geopolitical factors, weakened market confidence. Germany, a key market player, encountered significant disruptions, with inventory surpluses and seasonal declines in textile consumption contributing to price volatility. Weak feedstock cost support from tetrahydrofuran added to the negative pricing environment. Adverse weather conditions further dampened demand, especially in construction-related applications, maintaining a bearish outlook. Despite marginal short-term adjustments, the market showed no signs of robust recovery by the end of the quarter.

Q1 2024:

During the first quarter of 2024, the European market for polytetramethylene ether glycol has experienced a consistent upward trajectory in pricing. This growth is primarily fueled by heightened demand from key downstream sectors, particularly the polyurethane industry. Additionally, increased costs associated with imports from exporting countries have put further pressure on prices. Geopolitical tensions, including disruptions caused by attacks on major oil refineries, have also contributed to rising production expenses. Germany, serving as a major hub, has witnessed the most significant price increases, reflecting the broader positive trend across the region. Despite these gains, PTMEG prices in Europe have shown a decline when compared to the same period last year, indicating a nuanced market environment. Overall, the European PTMEG market remains robust, driven by strong demand and elevated production costs.

Q4 2023:

In the last quarter of FY23, Europe experienced a consistent decline in PTMEG prices owing to the weak requirement from downstream industries and the stable yet uninspiring feedstock market. Despite the festive season boosting some market activity, the overall demand for textiles, particularly from the Asian export market, remained subdued. The chemicals industry in Germany, especially, faced significant challenges, with large interest rates and inflation dampening clothing usage and slowing down manufacturing. The oversupply of inventories within the regional market added further pressure, resulting in downward price adjustments. The reduction in upstream costs, influenced by falling crude oil prices, also strengthened this trend.

This analysis can be extended to include detailed polytetramethylene ether glycol (PTMEG) price information for a comprehensive list of countries.

North America Polytetramethylene Ether Glycol (PTMEG) Price Trend

Q4 2024:

In the last quarter of 2024, the polytetramethylene ether glycol (PTMEG) market in North America displayed fluctuating trends. The quarter witnessed a price downturn as feeble requirements from the polyurethane and spandex industries, along with surplus stockpiles and a market oversupply, weighed heavily on valuations. Manufacturers in the spandex sector scaled down production attributed to growing inventory pressures and moderate downstream movement, intensifying the bearish sentiment. However, as the quarter came to a quiet end, the market saw a gradual recovery, aided by soaring energy expenses and wintertime demand for textiles. Despite improved retail activity and delicate inventory regulation by producers, oversupply and restrained purchasing limited overall gains.

Q3 2024:

During Q3 2023, the market faced notable challenges, with prices continuing their downward trajectory. Weak consumption from key downstream firms, specifically textiles, and spandex, was a major factor in maintaining price pressure. The situation was further complicated by surplus stockpiles, which restricted any possible price rebound. Global economic sluggishness and intensified competition among suppliers exacerbated the downturn. The USA saw the sharpest fluctuations, with persistent declines throughout the quarter. Despite some adjustments in production rates, excessive supply and cautious procurement trends kept the market under bearish conditions, reinforcing the negative pricing environment.

Q2 2024:

During the second quarter of 2024, the North American polytetramethylene ether glycol market faced a consistent downward trajectory in pricing due to a combination of oversupply and subdued demand in major downstream industries such as textiles and spandex. Economic challenges, including inflationary pressures and geopolitical tensions, further constrained market activity, reducing purchasing power. The United States, as the regional hub, witnessed the most significant price shifts, largely driven by weak summer procurement and limited industrial activity. Seasonal factors like reduced consumer spending and weaker demand for summer textiles added to the bearish sentiment, exacerbating the challenges within the region’s PTMEG market.

Q1 2024:

In the first quarter of 2024, the North American market for polytetramethylene ether glycol (PTMEG) has experienced a notable upward trend in pricing. This rise is primarily driven by increased demand from key downstream sectors, particularly the polyurethane industry. Additionally, elevated costs of imports from exporting countries have added pressure to market prices. Geopolitical events, such as disruptions caused by conflicts affecting major oil refineries, have further escalated production expenses. Within this region, the United States has witnessed the most significant price movements, reflecting a robust and positive pricing environment. Overall, PTMEG prices in North America have shown consistent growth throughout the quarter, underscoring the region's dynamic market conditions.

Q4 2023:

For the fourth quarter of 2023, the US market witnessed a steady decline in PTMEG prices, primarily driven by weak demand and stable cost of feedstock materials like tetrahydrofuran. This downward trend was exacerbated by reduced consumer conviction and expenditure, influenced by rising interest rates and inflation. The construction and textile sectors, significant consumers of PTMEG, faced challenges, leading to a decline in sales. Moreover, the continuous dip in the cost of natural gas and crude oil helped ease the financial burden on PTMEG producers, adding to the continuous fall in prices. Insufficient supplier inquiries indicate that this declining trend is ongoing, reflecting the subdued demand in the market.

Specific polytetramethylene ether glycol (PTMEG) historical data within the United States and Canada can also be provided.

Middle East and Africa Polytetramethylene Ether Glycol (PTMEG) Price Trend

The report explores the polytetramethylene ether glycol (PTMEG) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on polytetramethylene ether glycol (PTMEG) prices for countries can also be provided.

Asia Pacific Polytetramethylene Ether Glycol (PTMEG) Price Trend

Q4 2024:

In the last quarter of 2024, polytetramethylene ether glycol (PTMEG) prices encountered volatility, shaped by persistently low spandex demand, excess availability, and reduced raw material expenses. Prices in October trended downward amid moderate domestic and export trade, while the anticipated resurgence in downstream consumption remained weak despite a rise in textile shipments. Declines continued through November, marking an extended period of contraction, as weak procurement and uncertain market conditions compounded oversupply issues. December saw minor price increases due to seasonal demand from the spandex sector. However, cautious purchasing and an abundance of stock restricted substantial improvements despite heightened winter apparel production.

Q3 2024:

The polytetramethylene ether glycol (PTMEG) market in the Asia-Pacific area encountered significant difficulties in the third quarter of 2023, as low demand and persistent oversupply drove prices downward. China, the dominant player, faced continued declines due to sluggish interest from the textile and spandex industries. Even though the quarter typically marks a peak period, market recovery remained elusive, resulting in inventory accumulation and restrained procurement activity. While exports of textiles and clothing showed growth, subdued pricing limited any significant resurgence in PTMEG demand. Manufacturers reduced production to mitigate financial losses, however, competitive pricing and excess stock kept pressure on valuations. Spandex demand remained weak, with limited recovery prospects.

Q2 2024: 

In second quarter of 2024, the Asia Pacific PTMEG market remained under significant pressure, with oversupply and weak downstream demand defining the quarter. The seasonal decline in textile consumption, coupled with reduced manufacturing output, created a challenging environment for producers. South Korea experienced the steepest price changes in the region, reflecting disruptions from high freight costs, port congestion, and fluctuating crude oil prices. Reduced imports from key suppliers such as China further strained the market. Manufacturers in the region also faced logistical bottlenecks, leading to delays and elevated costs, which compounded the downward pricing trend. The bearish sentiment persisted throughout the quarter, indicative of weak recovery signals.

Q1 2024:

Throughout the first quarter of 2024, the Asia Pacific region's PTMEG market has demonstrated resilience amidst fluctuating conditions. Initially, the market in China maintained stable prices supported by steady demand from the textile industry. However, a slight dip in February emerged due to reduced cost support and lower procurement activities from downstream sectors. By March, the market regained stability, aided by consistent feedstock availability and a resurgence in demand from both the textile and European markets. This balanced interplay of supply and demand has ensured that PTMEG prices remained relatively stable overall. China's pivotal role has been instrumental in sustaining the region’s market equilibrium, highlighting Asia Pacific's ability to navigate through economic variances effectively.

Q4 2023:

During Q4 2023, the Asia Pacific region saw PTMEG prices on a downward trend, spurred by feeble requirements from key sectors such as textiles and construction. October and November were marked by sluggish activity in spandex-based industries, compounded by a slowdown in European clothing consumption. Ample stock levels in the region helped keep manufacturing costs low, further pushing down PTMEG prices. The South Korean construction industry, facing rising material costs, saw a decline in its overall value, which was reflected in reduced demand for PTMEG. This led to a continued drop in prices, with minimal supplier inquiries, indicating a persistent soft market.

This polytetramethylene ether glycol (PTMEG) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Polytetramethylene Ether Glycol (PTMEG) Price Trend

The analysis of polytetramethylene ether glycol (PTMEG) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Polytetramethylene Ether Glycol (PTMEG) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Polytetramethylene Ether Glycol (PTMEG) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of polytetramethylene ether glycol (PTMEG) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of polytetramethylene ether glycol (PTMEG) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polytetramethylene ether glycol (PTMEG) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing polytetramethylene ether glycol (PTMEG) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Polytetramethylene Ether Glycol (PTMEG) Industry Analysis

The global polytetramethylene ether glycol (PTMEG) industry size reached US$ 4.8 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 8.4 Billion, at a projected CAGR of 6.50% during 2023-2032.

• The global textile industry’s gradual shift towards stretchable and comfortable fabrics significantly drives the demand for polytetramethylene ether glycol (PTMEG), which is a key component in producing spandex (elastane) fibers. As consumers nowadays prefer flexible, form fitting apparel like sportswear, activewear, and casual wear the need for PTMEG increases. These fibers are important in delivering the elasticity and durability desired by various modern governments. The rise in popularity of fitness and culture and an increase in emphasis on laser and comfort and clothing styles further fuels the expansion of the spandex market thereby boosting the PTMEG production to meet the growing demand.
• The growing automotive industry nowadays is mainly focused on the production of lightweight vehicles and environmental sustainability which drives the demand for materials like polytetramethylene ether glycol. It is utilized in the production of lightweight and durable components that are essential for modern vehicles. According to a report by the Department of Energy, replacing heavy materials with lightweight ones such as carbon fiber, and polymer composites can reduce a vehicle's weight by up to 50%. This can result in a 6%-8% fuel economy improvement. Using lightweight components and high-efficiency engines in one-quarter of the U.S. fleet by 2030 could save more than 5 billion gallons of fuel annually. The growing demand for lightweight vehicles and growing sustainability concerns are driving the market growth for materials like polytetramethylene ether glycol further across the world.
• Advancements in industrial applications significantly boost the usage of polytetramethylene ether glycol (PTMEG) polymer. This polymer is known for its superior mechanical properties such as elasticity and tear resistance these characteristics make them ideal for high-stress applications in various industries including the manufacturing of industrial wheels tires, belts, and other mechanical rubber goods. As global industrialization and manufacturing activities are growing the demand for durable and efficient materials like PTMEG-based polyurethanes is on the rise hence driving its market growth.

Polytetramethylene Ether Glycol (PTMEG) News

The report covers the latest developments, updates, and trends impacting the global polytetramethylene ether glycol (PTMEG) industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in polytetramethylene ether glycol (PTMEG) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polytetramethylene ether glycol (PTMEG) price trend.

Latest developments in the polytetramethylene ether glycol (PTMEG) industry:

• In 2024, Hyosung Group established a new holding company Hyosung New Holdings to oversee the key subsidiaries like as Hyosung TNC, Hyosung Heavy Industries, Hyosung Chemical, and Hyosung TNS while existing holding company Hyosung will focus on responsible management and enhancing the shareholder value. The new holding company will have a revenue scale of around 7 trillion won which is around US$5.25 Billion and a global network spanning over 90 locations.
• In 2023, LyondellBasell a global leader in chemical industry expands its distribution network with a new hobby in the United Kingdoms for improved customer experience which enables shorter lead times and enhancing services. This hub is strategically located in Middlesbrough which ensures its optimized distribution answer delivery and the result of collaborative effort with logistic expert Bertschi.

Product Description

Polytetramethylene ether glycol (PTMEG) refers to a high-performance polymer that is widely used in the chemical industry due to its superior properties and versatility. Polytetramethylene ether glycol is synthesized through the polymerization process of tetrahydrofuran which results in a polyether glycol with excellent flexibility, resilience, and hydrolytic stability. PTMEG is particularly known for its ability to impart superior elastomeric properties when used as a soft segment in polyurethanes which makes it a critical component production of spandex fibers that is extensively used in textiles to provide stretchability and comfort. PTMEG is also used in the manufacturing of cast elastomer thermoplastic polyurethane, and coatings where its attributes such as low-temperature performance, registrants to a brazen, and durability is essential.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of polytetramethylene ether glycol (PTMEG) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting polytetramethylene ether glycol (PTMEG) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polytetramethylene ether glycol (PTMEG) price charts ensure our clients remain at the forefront of the industry.