Glycol rose slightly this Tuesday (11.7-11.11)

According to the bulk list data of business cooperatives, as of November 11, 2022, the market price of diethylene glycol was 5666.67 yuan/ton. Compared with November 7, 2022 (the reference price of diethylene glycol was 5650 yuan/ton), the price increased by about 16 yuan/ton, or 0.30%.

 

Thiourea

It can be seen from the data monitoring of the business community that this week (11.7-11.11), the diethylene glycol market overall showed a small increase. During the week, some diethylene glycol suppliers slightly raised the ex warehouse price of diethylene glycol by 50-100 yuan/ton, while most other suppliers remained stable. At present, the arrival of imported ships is limited, the inventory continues to decline in a narrow range, and the shipment at the wharf is relatively stable. The average daily shipment is about 1400 tons. The low level inventory provides strong support to the market, and the supply pressure is small. However, under the continuous impact of the domestic epidemic, the logistics transportation in some regions was blocked, the downstream commencement remained low, and the overall demand was flat. There is no obvious change in supply and demand. The price trend of diethylene glycol is mainly volatile, and the market mentality is relatively mild. As of November 11, the market price of diethylene glycol was around 5500-5800 yuan/ton.

 

At present, the arrival of diethylene glycol cargoes is limited, the inventory fluctuates at a low level, and the trading atmosphere in the market is light. After the downstream enters the off-season, the purchase and replenishment are rigorous. The diethylene glycol data engineer of the business community believes that in the short term, the diethylene glycol market will adjust and operate in a narrow range, and continue to pay attention to the change of interest consumption on the supply and demand side.

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