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Chempricehub Key Reminder: Spot price of diethylene glycol in East China strengthens
Published on 2026-03-05
March 5th, News Update — On the afternoon of March 5th, the market focus for diethylene glycol (DEG) in East China continued to strengthen. As of now, spot offers are at 4,300, with bids at 4,280 (spot offers in the morning were at 4,080, bids at 4,050); late March offers are at 4,300, bids at 4,280; April offers are at 4,310, bids at 4,280, with overall market sentiment remaining positive. Chempricehub's analysis of diethylene glycol, with a long-short rating of 2, indicates that the market focus for DEG in East China continues to strengthen. Spot offers have risen from 4,080 yuan/ton in the morning to 4,300 yuan/ton, while bids have increased from 4,050 yuan/ton to 4,280 yuan/ton, reflecting a significant uptick. Contract prices for late March and April also remain elevated at 4,300–4,310 yuan/ton, with overall market sentiment staying positive, suggesting strong demand or tightening supply. This directly benefits spot prices, and it is expected that the spot market will maintain its upward trend in the short term, presenting significant advantages for traders and downstream users.