Chempricehub Key Reminder: 220,000 tons of new diethylene glycol capacity to be added by 2026.

January 4th News: In 2026, three new diethylene glycol (DEG) plants are planned to be added domestically, including BASF-Zhanjiang with an annual capacity of 80,000 tons, Sinopec Sabic (Gulei) with 100,000 tons/year, and Huajin-Aramco with 40,000 tons/year, totaling 220,000 tons. Chempricehub's analysis of DEG gives a bullish-bearish score of -1.5. The article mentions that three new DEG plants are planned domestically in 2026, with a total new capacity of 220,000 tons/year, which will significantly increase market supply. The increase in supply may shift the supply-demand balance toward a looser state, exerting downward pressure on spot prices, and the risk of price decline is expected to be high. Given the substantial scale of the new capacity, it may accelerate inventory accumulation, resulting in a relatively clear bearish score (-1.5).