Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Important Reminder: Rumors of Shutdown and Maintenance at Saudi Ethylene Glycol Plant
Published on 2026-01-03
December 26th - According to market rumors, a 450,000-ton-per-year ethylene glycol (EG) plant in Saudi Arabia is scheduled to undergo a shutdown for maintenance in the first quarter of 2026. Chempricehub's analysis of ethylene glycol shows a bullish-bearish score of 1.5. The planned maintenance shutdown of the 450,000-ton-per-year EG plant in Saudi Arabia in Q1 2026 will reduce global ethylene glycol supply, which is expected to have a significant positive impact on spot prices, as tightening supply may drive up spot market quotations. Ethylene glycol futures data indicate that the main contract, such as 2605, closed at 3,818 yuan per ton, up 85 yuan, with a trading volume of 544,942 lots and high open interest, suggesting that market expectations of supply tightness are already present. The maintenance news may further reinforce bullish sentiment, supporting the upward trend in futures prices.