According to the bulk list data of SunSirs, as of April 26, 2022, the average price of diethylene glycol in the domestic market was 4820 yuan / ton. Compared with the price on April 1, 2022 (the average price of diethylene glycol in the domestic market was 5075 yuan / ton), the price decreased by 255 yuan / ton, a decrease of 5.02%.

It can be seen from the data monitoring chart of SunSirs that in April, the domestic diethylene glycol market showed a downward trend as a whole. At the beginning of the month, due to the impact of public health events, the downstream operating rate of diethylene glycol was low, the demand support was insufficient, the wait-and-see mood was heavy, and the overall market situation of diethylene glycol was weak and slowly downward. As of April 11, the market quotation of diethylene glycol in East China was around 4900-5000 yuan / ton. Subsequently, the overall market was weak. On the 18th, the diethylene glycol market moved downward again. Affected by the epidemic, the transportation in Jiangsu, Zhejiang and Shanghai was seriously blocked, the delivery volume of diethylene glycol decreased and the inventory increased. The quotation of diethylene glycol in the domestic market in East China was about 4900 yuan / ton.

In late April, the diethylene glycol market continued to operate downward as a whole. Although the downstream operating rate increased slightly, the overall demand remained calm. The shipment of diethylene glycol was poor and the inventory pressure remained. As of April 26, the average price of diethylene glycol in the domestic market was 4820 yuan / ton, a decrease of 5% in the month. At present, the diethylene glycol market is weak as a whole, and the inventory is still high.

Future analysis of diethylene glycol

At present, logistics and transportation still have an impact on the diethylene glycol market. The overall atmosphere in the diethylene glycol field is general, and the inventory digestion is slow. The diethylene glycol data division of the business society believes that in the short term, the domestic diethylene glycol market is mostly weak, mainly in the consolidation and operation range, and more attention needs to be paid to the news changes of supply and demand.

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