April 8 (Reuters) - Sinopec East China has raised its diethylene glycol (DEG) offer by 600 yuan/ton. Shanghai Petrochemical is executing at 8,250 yuan/ton with low operating rates, while Yangzi Petrochemical and BASF-YPC are executing at 8,300 yuan/ton. The BASF-YPC 340,000 t/y unit is running at around 40% capacity.

Chempricehub analysis on DEG, sentiment score: +1.5
Sinopec East China has significantly raised its DEG offer by 600 yuan/ton. Shanghai Petrochemical's execution price is 8,250 yuan/ton, while Yangzi Petrochemical and BASF-YPC are executing at 8,300 yuan/ton. Meanwhile, the BASF-YPC unit is operating at a low rate (around 40%), indicating tight supply and strong producer price support. This news is notably positive for spot DEG prices, as the offer increase directly reflects bullish market sentiment, coupled with low operating rates suggesting supply tightness, which may drive spot prices further upward. The score is +1.5 (between moderately positive and significantly positive), as the increase is substantial but sustained demand in the follow-up period needs to be monitored.