March 31 (Reuters) - On the morning of March 31, the diethylene glycol (DEG) market in East China showed a firm trend. Spot/current week offers were reported at 7,500 yuan/ton, with bids at 7,400 yuan/ton. Offers for April and May delivery were quoted at 7,500 yuan/ton, with no bids heard at present.

Chempricehub analysis on DEG, Bullish/Bearish Score: 1. The report indicates that the DEG market in East China is operating with strength. Spot/current week offers are at 7,500 yuan/ton, bids at 7,400 yuan/ton, with a narrow spread of only 100 points, suggesting strong market support, firm seller quotations, and active buyer demand. Offers for April and May delivery are at 7,500 yuan/ton but without corresponding bids, reflecting stable or slightly firm price expectations for forward months. Overall, the fundamentals are favorable for spot prices, and short-term prices are expected to trend upward, supported by supply-demand fundamentals.