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Home - News - The Stocks of Diethylene Gycol are Down, and the Market is Bullish

The Stocks of Diethylene Gycol are Down, and the Market is Bullish

March 9, 2023

The latest price of diethylene glycol (March 6): 5916.67 RMB/ton, rising in the future

Key points of analysis: the spot price on March 6 was 2.90% higher than the previous trading day. The domestic diethylene glycol market continued to rise last week. In the near future, the shipping situation of the terminal is good, the port inventory has maintained a downward trend, and the subsequent demand is expected to be good. The strong supply and demand side makes the market optimistic, and the overall market atmosphere is strong.

Future forecast: It is expected that the short-term domestic diethylene glycol market will mainly run at a high level, focusing on the arrival and demand increment.