Market price information for diethylene glycol on July 12, 2022

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Diethylene glycol price trend: Rising. Regional product quotations: Diethylene glycol in East China is priced at 5,450; in Central China, it’s priced at 5,700. Disclaimer: The daily evaluations of Hubei Heifeima Jiangyou Diethylene Glycol provided herein are for reference only and do not constitute any investment or operational advice. Entering the market based on this information is at your own risk. Overview of the diethylene glycol market: The price of diethylene glycol is rising. This Tuesday, the price of ethylene glycol continued to rise. The main reasons for this were the effective destocking of diethylene glycol and relatively strong buying interest from downstream buyers, which fostered a bullish sentiment in the market. However, significant fluctuations in international crude oil prices have made downstream buyers more cautious. In the short term, it is expected that diethylene glycol prices will remain in a strong consolidation phase. Therefore, it is recommended to make purchases only as needed.