1、 Price trend

According to the data of business agency, on August 6, the average p value of diethylene glycol market price was 6000 yuan / ton, down 126.67 yuan / ton from last week, a decrease of 2.07%.

The price of glycol decreased slightly on Tuesday. The ex factory quotation of Sinopec in East China was reduced by 200 yuan / ton, and the ex factory quotation of Sinopec in South China was reduced by 100 yuan / ton.

2、 Analysis of influencing factors

As of August 6, the total inventory of diethylene glycol in the main port of East China was 1626 tons, a decrease of 444 tons or 21.45% compared with last Monday.

Sinopec South China unit operates smoothly. At present, the diethylene glycol production line of PetroChina northwest duzishan Petrochemical operates stably, with a production capacity of 60000 tons / year. It is mainly supplied to users in Xinjiang, and the export volume is small.

3、 Analysis and prediction

The increment of market supply side is limited, and the demand is still depressed. Wharf inventory remains unchanged, and market participants are cautious and conservative. In the near future, the crude oil price continues to decline, and the short-term diethylene glycol market is expected to be weak and operate in a narrow range.