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Chempricehub Alert: Zhangjiagang Diethylene Glycol Shipments Decrease While Inventory Remains High
Published on 2026-03-09
March 9th News: On March 5th, the total shipment of diethylene glycol (DEG) from two storage areas in Zhangjiagang was 1,266 tons, a decrease of 197 tons compared to the previous day. As of now, the inventory at Vopak stands at 20,900 tons, with Changjiang International announcing its inventory every Monday. Chempricehub's analysis of diethylene glycol indicates a bearish score of -1. The article shows that on March 5th, the shipment volume of diethylene glycol in Zhangjiagang decreased by 197 tons to 1,266 tons, indicating weak downstream demand. The inventory at Vopak reached 20,900 tons, with high inventory levels intensifying supply pressure. These factors exert a bearish impact on spot prices, and it is expected that short-term prices will face downward risks.