According to the bulk list data of business cooperatives, as of December 2, 2022, the market price of diethylene glycol was 6133.33 yuan/ton. Compared with November 28, 2022 (the reference price of diethylene glycol was 6050 yuan/ton), the price increased by about 83 yuan/ton, or 1.38%.

It can be seen from the data monitoring of the business community that this week (11.28-12.02), the diethylene glycol market was operating at a high level with strong shocks. During the week, prices rose and fell. Some diethylene glycol suppliers raised the delivery price of diethylene glycol by 50-200 yuan/ton, while some suppliers adjusted the delivery price by 50-100 yuan/ton. At the beginning of the week, the diethylene glycol (DEG) quotation fell briefly due to the impact of the terminal shipment on the market mentality. However, the recent international crude oil futures have risen sharply, with strong support on the cost side. With the limited arrival of imported ships, the port inventory remains low and volatile, and the supply is expected to remain tight. In the second half of the week, the DEG quotation rebounded. The supply and demand situation has not changed significantly. The diethylene glycol price trend is dominated by high shocks, and the market mentality is relatively mild. As of December 2, the market price of diethylene glycol was around 6050-6300 yuan/ton.

At present, the limited arrival of diethylene glycol at the port and the low stock fluctuated, but the downstream demand was unstable, and the terminal shipment still affected the market mentality. The diethylene glycol data engineer of the business community believed that in the short term, the diethylene glycol market was adjusted in a narrow range, and more attention should be paid to the header shipment and the subsequent arrival at the port.