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Sunsirs: the price of Diethylene glycol rose this week
March 08 2022 09:37:32()

According to the bulk list data of Sunsirs, the market price of Diethylene glycol rose this week.

 On February 28, the average price of diethylene glycol in the domestic market was 4836 yuan / ton, and on March 6, the average price of diethylene glycol in the domestic market was 4906 yuan / ton. Glycol prices rose 1.45% on Tuesday.

The price trend of glycol rose on Tuesday. At present, the mainstream inventory is about 588,000,000 tons. The military situation in Russia and Ukraine is still ongoing and the political situation is tense. International oil prices rose sharply this week. It is suggested to pay attention to the dynamics of crude oil market in real time. The operating rate of UPR in the downstream of diethylene glycol is about 20%, up from last week. As of March 6, the domestic market quotation in East China was 4890-4920 yuan / ton.

At present, diethylene glycol raw material support is strong, and international crude oil rose sharply this week. Diethylene glycol is in sufficient supply and has a large inventory. The diethylene glycol analyst of business society believes that the current international situation of diethylene glycol is changeable and uncertain factors are increasing. It is expected that in the short term, diethylene glycol will mainly operate in the range of vibration. 

It is suggested to pay attention to the changes of crude oil and supply and demand.

Diethylene glycol quotation:

220 kg / barrel

 content 99.99%

Dealer Brand Place of deliver Price
Shanghai Juexin Jinshan Jiading Shanghai 5000yuan/ton

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com. 

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