The domestic diethylene glycol market rose slightly this week (8.7-8.11)

According to the data of the trade agency’s bulk list, as of August 11, 2022, the domestic market price of diethylene glycol was 5110 yuan / ton. Compared with August 7, 2022 (the reference price of diethylene glycol was 5100 yuan / ton), the price increased by 10 yuan / ton, or 0.20%. Compared with July 1, 2022 (the reference price of diethylene glycol is 5333 yuan / ton), the price decreased by 223 yuan / ton, a decrease of 4.19%.

 

It can be seen from the data monitoring of the business agency that the domestic diethylene glycol market continued to be weak in consolidation at the beginning of August. At the beginning of this week, the overall market of diethylene glycol was weak, and the transaction was mostly negotiated for profit. Near the weekend of August 11, supported by the strong rebound of international crude oil, the mentality of diethylene glycol industry was boosted, and the prices of some industries were slightly increased, with an increase of around 30-50 yuan / ton. As of August 11, the market price of diethylene glycol is around 4930-5100 yuan / ton, and the high-end price is around 5300-5500 yuan / ton. At present, the trading atmosphere of diethylene glycol in the field is quiet, and the downstream is mainly based on the continuation of just needed procurement.

 

At present, the overall trend of the diethylene glycol market is still in a stalemate. The diethylene glycol data analyst of the business society believes that in the short term, the diethylene glycol market will mainly operate in a narrow range, and more attention should be paid to the international crude oil trend and inventory changes.

Gamma Polyglutamic Acid

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