According to the data of the trade agency’s bulk list, as of August 19, 2022, the domestic market price of diethylene glycol is reference to 4830 yuan / ton. Compared with August 15, 2022 (the reference price of diethylene glycol is 5110 yuan / ton), the price is reduced by 280 yuan / ton, a decrease of 5.48%.

It can be seen from the data monitoring of business community that this week (8.15-8.19), the overall market of diethylene glycol showed a weak decline. At the beginning of the week, the market price of diethylene glycol did not change much, and the overall situation was weak. In the middle of the week, under the double pressure of supply side increment and weak downstream demand, the diethylene glycol market was under pressure from the 17th, and the market was weak and difficult to change. The center of gravity was all the way down, and the difference between high and low prices in the market was widened. As of August 19, the market price of diethylene glycol was around 4590-5100 yuan / ton, with a decrease of more than 5% in the week. At present, the trading atmosphere of diethylene glycol on the market is general, the confidence of the industry is frustrated, and the negative mood on the market is strong.

At present, the demand side of diethylene glycol is generally supported, and whether it can usher in phased stock after the price reaches the low point is also the key to the dominant market trend. The diglycol data analyst of the business society believes that in the short term, the market of diethylene glycol is mainly weak and consolidation operation, and more attention should be paid to the trend of international crude oil and the changes in the supply and demand side.