Diethylene glycol: Comments on the domestic market on August 30
this Wednesday, the diethylene glycol market in East China continued to decline, and the continuous decline in energy prices aggravated the market. The price of controllers and computers fell to 9400 yuan/ton in Zhangjiagang market. In the atmosphere of softening the overall market of crude oil and aromatics, the decline in the diethylene glycol market continued, and some businesses continued to reduce the selling price to 935 yuan/ton in Asia, The sales situation is difficult to be optimistic. The import market fell to USD/ton, and the negotiation atmosphere was poor. Styrene, a related product, fell to 12100 yuan/ton (from East China) According to the analysis of insiders, the trend of oil prices and related products is not very optimistic, the external supply is increasing, and the domestic inventory level is on the rise. In the case of no obvious improvement in downstream demand, the diethylene glycol market will continue to show a small low trend
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