May 8th News – On the afternoon of May 8th, the East China diethylene glycol (DEG) market continued its weakening trend, with bearish sentiment prevailing. As of now, spot offers are at 6,570 yuan/mt, and bids at 6,550 yuan/mt. Chempricehub rates DEG: Bullish/Bearish Score -1. The current East China DEG market is engulfed in bearish sentiment, with the market continuing its weak performance. Spot offers stand at 6,570 yuan/mt and bids at 6,550 yuan/mt. Weak support from market supply-demand fundamentals exerts downward pressure on spot prices. Related futures contracts for near-term months are trending downward, with bearish forces relatively strong, keeping futures prices under pressure.