On Tuesday, the glycol market was running upward as a whole (6.27-7.1)

According to the bulk list data of business society, as of July 1, 2022, the domestic market price of diethylene glycol is 5333 yuan / ton, which is 133 yuan / ton higher than that on June 26, 2022 (the reference price of diethylene glycol is 5200 yuan / ton), or 2.56%.

 

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It can be seen from the data monitoring of the business agency that this week, the domestic diethylene glycol market as a whole showed an upward trend. This week, the delivery of diethylene glycol at the port was normal, and the on-site stock taking performance was good. Supported by the supply side, the market price of diethylene glycol on Tuesday was steadily rising. As of the end of this week (July 1), the domestic market price of diethylene glycol was around 5300-5470 yuan / ton, with a reference increase of 2.5% in the week. At present, the unstable trend of international crude oil has brought some worries to the market. Diethylene glycol operators are cautious, and there is a heavy wait-and-see mood on the floor. Spot transactions are mainly negotiated, and the overall follow-up performance of the downstream is general.

 

At present, the inventory of diethylene glycol in the two reservoir areas of Zhangjiagang is about 56200 tons, the support of the supply side is acceptable, and the downstream demand is cautious. Under the game between the supply and demand sides, the diethylene glycol datagrapher of business society believes that in the short term, the diethylene glycol Market will be mainly sorted out and operated in a narrow range, and more attention should be paid to the international crude oil trend and inventory changes.

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