Chempricehub, June 18 Report
On June 18, 2026, the basis quotations for port monoethylene glycol (MEG) (polyester grade, imported, mainly ethylene-based) spot contracts (minimum 500 tons) are as follows:
This week’s contract basis quotation: +140 to +146
Late June contract basis quotation: +150 to +154
Late July contract basis quotation: +150 to +160
On June 18, 2026, the basis quotations for port monoethylene glycol (MEG) (polyester grade, imported, mainly ethylene-based) spot contracts (minimum 500 tons) are as follows:
This week’s contract basis quotation: +140 to +146
Late June contract basis quotation: +150 to +154
Late July contract basis quotation: +150 to +160
Recently, the MEG futures market has seen a significant decline. Spot contract traders have been actively entering the market to take delivery, pushing up the basis prices in market transactions.
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