SunSirs--China Commodity Data Group

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SunSirs: This week, diethylene glycol prices rose to run

May 07 2022 15:53:48     

According to the bulk list data of SunSirs, as of May 7, 2022, the average price of diethylene glycol in the domestic market was 5050 RMB/ton. Compared with the price on May 1, 2022 (the average price of diethylene glycol in the domestic market was 4986 RMB/ton), the price increased by 64 RMB/ton, or 1.27%.

It can be seen from the data monitoring of the SunSirs that the glycol market rose on Tuesday. At the beginning of the week, the overall diethylene glycol market increased slightly, and the price increased by about 50-100 RMB/ton. Then, the market was stable and wait-and-see, and the downstream demand was relatively cautious. The on-site inventory of diethylene glycol was about 70000 tons. As of May 7, the domestic market price of diethylene glycol is around 4900-5300 RMB/ton. At present, the trading atmosphere of diethylene glycol is general, and the actual single negotiation is the main.

At present, the international crude oil continues to operate at a high level, and the cost support of diethylene glycol increases, but the boost performance of the downstream demand side of diethylene glycol is general. The diethylene glycol data division of business society believes that in the short term, the diethylene glycol market mostly focuses on the adjustment and operation of interval shocks, and more attention needs to be paid to the news changes of cost and demand.

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

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