Diethylene Glycol Market Morning Briefing (20260909)

1. Focus Points

• Houthi attacks on Saudi oil facilities and the continuing US–Iran military conflict have kept supply risks elevated, pushing international oil prices higher.
• This week, the average operating rate of domestic unsaturated polyester resin (UPR) plants stood at 32.5%, down 0.5 percentage points from the previous period.
• On September 7, total shipments from the two Zhangjiagang warehousing zones reached 66 tons, down 23 tons from the average daily shipments over the past weekend. As of now, combined inventories at Changjiang International and Vopak warehouses stand at 3,200 tons.

Core logic: Ongoing US–Iran instability has kept international oil prices rising, and diethylene glycol (DEG) has continued its one-way (unilateral) move.

2. Price Table

Notes:

1. All product prices refer to national-standard premium-grade products.
2. Crude oil prices are quoted in USD/barrel; the other three products are quoted in CNY/ton.
3. The RMB prices in the table above are tax-inclusive prices based on self-pickup and spot-cash settlement.
4. Change rates are calculated period-on-period.

3. Market Outlook

Reported by Chempricehub News on September 9: In early September, DEG underwent profit-taking that adjusted its price structure, while fundamentals saw no structural inflection. Further downward room remains in the current correction, but over the coming sessions the market is likely to focus mainly on digesting the decline and consolidating. Watch for changes in downstream purchasing pace ahead of the two upcoming holidays (Mid-Autumn Festival and National Day).

Diethylene Glycol Basic Data Sheet

1. ↓/↑ denote significant fluctuations, highlighting data items with changes exceeding 3%.
2. ↗/↘ denote narrow fluctuations, highlighting data items with changes within 0–3%.