1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business society, the market price of diethylene glycol rose this month. On March 1, the average price of diethylene glycol in the domestic market was 4836 yuan / ton, and on March 31, the average price of diethylene glycol in the domestic market was 5090 yuan / ton. The price of diethylene glycol rose by 5.24% this month.
2、 Market analysis
| povidone Iodine |
The diethylene glycol market fluctuated upward this month. In early March, the price trend of diethylene glycol fluctuated and rose. The military situation in Russia and Ukraine is ongoing, and the political situation is tense. International oil prices began to fall after rising sharply. The operating rate of UPR at the downstream of diethylene glycol is about 27%. In mid March, the price of diethylene glycol first fell and then rose. The tight military situation in Russia and Ukraine has an impact on the supply of diethylene glycol. International oil prices first fell sharply and then rebounded and rose. The operating rate of UPR in the downstream of diethylene glycol is about 27%. In late March, Russia Ukraine negotiations released positive signals, and the trend of diethylene glycol rose. The price of diethylene glycol fluctuates with the crude oil market. The operating rate of UPR in the upper and lower reaches increased by 23% in the three months to October. The total mainstream inventory of diethylene glycol was 58000 tons, an increase of 10000 tons month on month. The domestic market quotation in East China is 5050-5080 yuan / ton.
3、 Future forecast
At present, negotiations between Russia and Ukraine are under way, and the situation has eased slightly. The trend of international crude oil is dominant, and the field needs to be operated with caution. The downstream demand for diethylene glycol is insufficient and the confidence in the industry is insufficient. Diethylene glycol analysts of business society believe that the market price of diethylene glycol will rise slightly in the short term. It is suggested to pay attention to the change of crude oil.
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