On January 7th, the total shipment volume of diethylene glycol (DEG) from the two storage areas in Zhangjiagang reached 1,718 tons, an increase of 102 tons compared to the previous day. As of now, the inventory at Vopak stands at 9,500 tons, with Changjiang International announcing its inventory figures every Monday.

PriceSeek’s analysis of DEG shows a long-short score of 1. The article indicates that DEG shipments increased by 102 tons to 1,718 tons compared to the previous day, suggesting a short-term strengthening of market demand. The inventory level of 9,500 tons, while lacking historical comparison, may reflect accelerated inventory consumption due to the rise in shipments, which is favorable for spot prices. This change is considered a moderate positive, as the shipment increase is significant but not driven by major events. It is anticipated that spot prices will experience a mild short-term rise.