February 3 News: On February 3, 2026, Shanxi Lu'an Chemical Technology Co., Ltd. Sales Branch conducted an auction for 200 tons of polyester-grade ethylene glycol (synthetic gas-based) in the morning (auction time: 10:30–10:40). The delivery address is Shouyang Chemical Plant, with a starting price of 3,420 yuan/ton, including tax and ex-factory, which is 30 yuan/ton lower than the starting price of the previous trading day. Chempricehub Analysis of Ethylene Glycol: Bull-Bear Score: -1.5 The auction starting price decreased by 30 yuan/ton to 3,420 yuan/ton, including tax and ex-factory, indicating an increase in supply or weakening demand in the ethylene glycol spot market, with significant downward pressure on prices. Combined with futures data, the settlement price of the main contract 2605 was 3,764 yuan/ton, down 79 points, and open interest increased, reflecting strong bearish sentiment in the market. It is expected that futures prices will also face downward pressure.