March 30th News — On March 30th, Sinopec raised its diethylene glycol (DEG) quotations in East China. Shanghai Petrochemical quoted 7,450 yuan/ton, up by 580 yuan/ton, with low operating rates. Yangzi Petrochemical and Yangba Petrochemical quoted 7,500 yuan/ton, up by 600 yuan/ton, with Yangba's 340,000-ton/year unit operating at approximately 40% capacity. Chempricehub analyzed diethylene glycol with a bullish-bearish score of 2. The article indicates that Sinopec's DEG quotations in East China have significantly increased, with Shanghai Petrochemical quoting 7,450 yuan/ton (up 580 yuan/ton) and Yangzi Petrochemical and Yangba Petrochemical quoting 7,500 yuan/ton (up 600 yuan/ton). Additionally, Yangba's unit is operating at only about 40% capacity, indicating tight supply. This reflects an imbalance between supply and demand in the spot market, where supply shortages combined with low operating rates will push up spot prices, representing a major positive factor. It is expected that spot prices will maintain an upward trend in the short term.