What Is the Average Cost of Ethylene Glycol? Average Ethylene Glycol Price

The average cost of ethylene glycol is $35 per pound. It is widely used as automotive antifreeze. While 60% of ethylene glycol is consumed for antifreeze, the remainder is used as a precursor to polymers. Since it is cheaply available, it finds several minor applications, including as an ingredient in shoe polish and in some inks and dyes. Ethylene glycol is also commonly used in chilled water air conditioning systems. It is in the plastic industry that ethylene glycol is important precursor to polyester fibers and resins. Polyethylene terephthalate, used to make plastic bottles for soft drinks, is prepared from ethylene glycol.