According to the data of the large list of business cooperatives, as of November 28, 2022, the domestic market price of diethylene glycol was 6050 yuan/ton. Compared with November 1, 2022 (the reference price of diethylene glycol was 5600 yuan/ton), the price increased by 450 yuan/ton, or 6.76%.
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It can be seen from the data monitoring of the business community that the diethylene glycol market has been rising as a whole since November (11.1-1.28). In the first ten days of October, the inventory of the main port continued to go out of stock, but the downstream demand was not expected to be good, the market was not motivated enough to push up, and the diethylene glycol market rose slightly, showing a stalemate. As of November 11, the market price of diethylene glycol was around 5500-5800 yuan/ton.
In the middle and late October, the number of imported ships arriving at the port was limited, the shipment situation at the port was relatively stable and optimistic, the port inventory remained low, and the supply was expected to be tight. The downstream accepted higher prices, and the diethylene glycol market rose broadly. The diethylene glycol market price was near 5980-6150 yuan/ton. However, near the end of the month, the diethylene glycol market price fell slightly due to the decline of crude oil and the reduction of shipment.
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As of November 28, the market price of diethylene glycol was near 5750-6100 yuan/ton, exceeding 6% in November. At present, the trading atmosphere in the diethylene glycol field is general, and the actual orders are mainly negotiated according to the quantity.
At present, the trading and investment atmosphere in the diethylene glycol market is slightly weak, and the supply and demand transmission is general. The diethylene glycol data engineer of the business community believes that in the short term, the diethylene glycol market will mostly adjust its operation in a narrow range, and the specific trend needs to pay more attention to the arrival at the terminal and the subsequent arrival at the port.
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