The price of glycol went down on Tuesday (5.7-5.11)

According to the bulk list data of business society, as of May 11, 2022, the average price of diethylene glycol in the domestic market was 4900 yuan / ton. Compared with the price on May 6, 2022 (the reference price of diethylene glycol was 5050 yuan / ton), the price was reduced by 150 yuan / ton, a decrease of 2.97%. Compared with the price on May 1, 2022 (the reference price of diethylene glycol is 4986 yuan / ton), the price is reduced by 86 yuan / ton, a decrease of 1.74%.

 

It can be seen from the data monitoring of business society that the diethylene glycol market is rising after May Day. After entering this week, the overall market situation moved downward. On the 10th, the quotations of some diethylene glycol suppliers were adjusted downward, with a reduction range of 50-200 yuan / ton. The difference between high and low prices in the venue was widened, the wait-and-see atmosphere was strong, the downstream buying was cautious, the trading atmosphere was general, and the actual transaction was mainly based on negotiation. As of May 11, the domestic diethylene glycol market price is around 4800-5300 yuan / ton, and the low-end price is around 4500 yuan / ton.

 

At present, the diethylene glycol market has been consolidated and operated stably as a whole after the decline, and the downstream demand is dominated by multi-dimensional rigid demand. The diethylene glycol data division of business society believes that in the short term, the diethylene glycol market will be mainly adjusted and operated in a narrow range, and more attention should be paid to the news changes of cost and demand.

POLYVINYL ALCOHOL