According to the bulk list data of SunSirs, as of May 20, 2022, the domestic market price of diethylene glycol is 5010 RMB/ton. Compared with the price on May 15, 2022 (the average domestic market price of diethylene glycol is 4900 RMB/ton), the price is increased by 150 RMB/ton, or 2.24%. Compared with the price on May 1, 2022 (the average price of diethylene glycol in the domestic market is 4986 RMB/ton), the price is reduced by 24 RMB/ton, a decrease of 0.47%.

It can be seen from the data monitoring of the SunSirs that the diethylene glycol market was stable after rising this week. On the 16th day of the week, the overall focus of the diethylene glycol market was upward. The quotations of most suppliers were slightly increased by about 100-200 RMB/ton. Individual suppliers held steady the early quotation, and then the diethylene glycol market was consolidated and operated as a whole. The delivery transmission in the reservoir area was good, and the downstream operating rate also increased slightly. The mentality of the diethylene glycol industry was stable, the staged destocking performance in the field was good, and the trading atmosphere was mild. As of May 20, The market price of diethylene glycol is around 4800-5300 RMB/ton, and the low-end price is around 4500 RMB/ton.

At present, the downstream demand of diethylene glycol market has increased slightly, and the purchase is still dominated by rigid demand. The diethylene glycol data division of business society believes that in the short term, the diethylene glycol market is mainly adjusted and operated in multiple intervals, and the probability of sharp shock is small. More attention should 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.