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In theQ3 of 2022, Polyethylene Glycol Pricing fluctuated in the USA on the back of shifting demand sentiments by the downstream industries. In the first half of the quarter, prices decreased sharply due to the issued embargo on feedstock transportation through rail, increasing domestic inventory levels. While in the second half of the quarter, upstream producers like LyondellBasell went under unplanned shutdown and domestic inventory levels remained under stress amid the weak demand sentiments from the downstream industries. At the same time, the rise in inflation and port congestion disrupted supply chain activities affecting the domestic inventory levels. Subsequently, Polyethylene Glycol prices in the USA settled at USD 5500/MT.

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