February 4th – According to market sources, a Saudi ethylene glycol (EG) unit with an annual capacity of 450,000 tons has been restarted after being brought back online. The unit was previously shut down for maintenance in early December 2025. Chempricehub Analysis on Ethylene Glycol: Bull-Bear Score: -1 The restart of the 450,000-ton-per-year EG unit in Saudi Arabia is expected to increase global supply, putting downward pressure on spot prices. The unit’s previous shutdown had reduced supply, and its restart will restore market availability, potentially leading to a decline in spot prices. Combined with EG futures data, such as the settlement price of the 2605 contract at 3,764 yuan/ton (down 79 points), the increase in open interest indicates bearish sentiment. This news may reinforce the downward trend, putting pressure on futures prices.