February 2 News: On February 2, Sinopec North China made no offer for diethylene glycol. Tianjin Petrochemical's 42,000-ton/year unit remains shut down, while Yanshan Petrochemical's 80,000-ton/year unit has no restart plan, and both units have been completely removed from production capacity. Chempricehub's analysis of diethylene glycol shows a long-short score of 1.5. The article indicates that Tianjin Petrochemical's 42,000-ton/year unit is shut down, and Yanshan Petrochemical's 80,000-ton/year unit is offline with its capacity removed, resulting in a total supply reduction of 122,000 tons/year. Coupled with Sinopec North China's lack of offers, this suggests a significant tightening of market supply. The supply shortage is expected to drive up spot prices for diethylene glycol, as reduced supply amid stable or increasing demand reinforces bullish expectations, benefiting the spot market.