Sinopec East China and other producers have raised their ex-factory prices for diethylene glycol (DEG).

Chempricehub, October 19 – On October 19, Sinopec East China raised its diethylene glycol (DEG) offer price by RMB 650–700/ton. Shanghai Petrochemical increased its quote by RMB 700/ton to RMB 6,300/ton, with operating rates remaining at low levels. Yangzi Petrochemical and BASF-YPC both adjusted their prices upward by RMB 650/ton, bringing the latest executed price to RMB 6,300/ton. BASF-YPC’s 340,000 ton/year unit is currently operating at approximately 40% capacity. Market participants hold a weak outlook for future market trends.