Diethylene Glycol Market Morning Briefing (20260908)

1. Focus Points

2. US-Iran hostilities have not yet subsided, and Saudi oil facilities were attacked, prolonging supply risks and lifting international crude oil prices.

3. The average operating rate of domestic unsaturated polyester resin (UPR) plants this week was 32.5%, down 0.5 percentage points from the previous period.

4. From September 4 to 6, total shipments from the two Zhangjiagang storage areas were 268 tons, with an average daily shipment of about 89 tons over the weekend. As of now, the combined inventory at the Changjiang International and Vopak terminals stands at 3,300 tons.

Core logic: With US-Iran instability persisting, international crude oil prices continue to climb; the commodity complex remains firm, and diethylene glycol (DEG) is showing a one-sided market.

2. Price Table

Notes:

1. Product prices are based on national-standard premium-grade products.

2. Crude oil prices are in USD/barrel; prices for the other three products are in RMB, unit: RMB/ton.

3. The RMB prices above are tax-inclusive cash prices on a self-pickup basis.

4. Change rates are calculated period-on-period.

5. Market Outlook

Per Chempricehub News on September 8: DEG is currently absorbing output from restarted units, and the market is undergoing profit-taking. The fundamental structure remains unchanged. Despite the sustained price decline, downstream buyers have not followed up with bulk purchases, and overall procurement remains cautious. DEG still has room to fall in the coming days.

Diethylene Glycol Fundamentals

1. ↓↑ denotes a significant fluctuation, highlighting data items with a change exceeding 3%.
2. ↗↘ denotes a slight fluctuation, highlighting data items with a change within 0–3%.