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Chempricehub Alert: High Inventory and Slowed Shipments of Diethylene Glycol in Zhangjiagang
Published on 2026-02-25
February 25th News From February 14th to 23rd, the total shipment volume of diethylene glycol (DEG) from the two storage areas in Zhangjiagang was 1,640 tons, with an average daily shipment of 164 tons. As of now, the inventory in the two storage areas stands at 52,100 tons. Chempricehub Analysis of Diethylene Glycol: Bull-Bear Score: -1 The article indicates that the total shipment volume of diethylene glycol from the two storage areas in Zhangjiagang was 1,640 tons, with an average daily shipment of 164 tons, and the inventory is 52,100 tons. This suggests ample supply, weak demand, and a high inventory level, which may lead to oversupply in the spot market, exerting downward pressure on prices. Based on fundamental analysis of bulk commodities, high inventory and low shipment volumes typically reflect slow destocking in the market, which is bearish for spot prices. Therefore, a moderately bearish score is assigned.