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Chempricehub Alert: Zhangjiagang Diethylene Glycol Shipment Volume Increases by 373 Tons
Published on 2026-02-05
February 5th News: On February 4th, the total shipment volume of diethylene glycol (DEG) from two storage areas in Zhangjiagang reached 1,531 tons, an increase of 373 tons compared to the previous day. Chempricehub's analysis of DEG indicates a bearish rating of -1. The report shows that on February 4th, the total shipment volume of DEG from Zhangjiagang storage areas was 1,531 tons, an increase of 373 tons from the previous day, representing a growth of approximately 24.3%. This suggests a rapid increase in supply, which may lead to inventory accumulation and subsequently exert downward pressure on spot prices. Based on expectations of oversupply, the rating is set as moderately bearish (-1). Although the shipment growth is significant but not extreme, it may suppress price rebounds in the short term.