Recent trend of diethylene glycol in East China

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The recent trend of diethylene glycol in East China is that the trading volume has shrunk, and the price has fallen slightly. The market reference price is 6200 ~ 6500 yuan, down 300 yuan from late February. The main characteristics of the current market: first, the market trading volume of diethylene glycol continues to decline, and the test value of products will change and shrink with the change of production conditions, and the price is in a downward trend; Second, the market competition is relatively fierce, especially the price trend of downstream products is weak, the market demand is insufficient, and the price of diethylene glycol lacks the power to rebound; Third, the current inventory of diethylene glycol is in a high position, which is very unfavorable to the future trend

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