April 10th News: On April 10th, Sinopec East China lowered its diethylene glycol (DEG) quotations. Shanghai Petrochemical implemented a price of 7,800 yuan/ton, a decrease of 450 yuan/ton, with low operating rates. Yangzi Petrochemical and Yangba Petrochemical implemented a price of 7,900 yuan/ton, a decrease of 400 yuan/ton. Yangba's 340,000-ton/year unit is operating at nearly 40% capacity. Chempricehub analysis of diethylene glycol, long-short score: -1.5. Sinopec East China's DEG quotations have been significantly lowered, with Shanghai Petrochemical implementing 7,800 yuan/ton, down 450 yuan/ton, and Yangzi Petrochemical and Yangba Petrochemical implementing 7,900 yuan/ton, down 400 yuan/ton. Meanwhile, Yangba's unit is operating at only 40% capacity, indicating ample market supply or weak demand. It is expected that spot prices will face downward pressure, exerting a strong bearish impact on the DEG market.