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The Glycol Ether Price dropped during the final quarter of 2022. Initially, prices decreased marginally amid high inflation and moderate product supplies. At the same time, a significant decrease in the upstream Ethylene Oxide demand after USA’s EPA identified risks from commercial sterilization facilities using Ethylene oxide. It negatively impacted the production costs of Glycol Ether. However, during the mid-quarter, product prices maintained stability due to a rise in production costs amid high feedstock Ethylene demand and stability in offtakes from the Pharma sector. Then in the final month of Q4, Glycol Ether prices declined again because of weak demand and consumption rates and moderate availability of supplies in the market.

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