The diethylene glycol market has experienced multiple pull-ups

In the second half of the month, through the beginning of April, due to the shortage of domestic labor shortages, the domestic diethylene glycol spot market continued to show signs of decline, while the high inventory of ports and the pressure of the suppliers to take the goods made the market completely useless. Slowdown, continued Yindie. The long-term sluggish situation has made the market look forward to a strong state of mind, although the port stocks are high, but the majority of bonded goods, most of them did not declare customs clearance, stimulate market speculation atmosphere, the market offer took the opportunity to start rebounding. In this rebound process, large households gradually lighten up their positions, and some speculators make up short positions, setting a new cost support point for the next round of market downturn. However, following the rebound, the jump in the market's offer was slightly empty, and many pull-ups were significantly weak. The atmosphere in the venue was strong and the market was limited. If this status persists, it will lead to the fatigue of the industry, and the fundamentals will be biased. Weak, the market does not rule out the possibility of further declines. Therefore, Longzhong information Yan Xiaodong believes that this market under the turmoil should be cautious, and does not rule out the possibility of take-off, and the risk of short-selling is still large.