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Chempricehub Key Alert: Taiwan's Ethylene Glycol Unit Shutdown Impacts Supply
Published on 2026-01-06
January 6th - According to market rumors, two ethylene glycol (EG) units in Taiwan Province of China, with a combined annual capacity of 720,000 tons, have been shut down as planned in early January 2026, with the restart time yet to be determined. Chempricehub's analysis of ethylene glycol gives a long-short score of 1.5. The shutdown of the two EG units in Taiwan Province, with an uncertain restart timeline, has heightened expectations of reduced market supply. This is expected to directly boost spot prices of ethylene glycol, as supply shortages may drive up procurement enthusiasm on the demand side. Combined with data from the Dalian Commodity Exchange's ethylene glycol futures, the main contract, such as 2605, settled at 3,766 yuan per ton, with open interest increasing by 22,856 lots and active trading volume, indicating high market sensitivity to supply disruptions. It is anticipated that futures prices will be supported and trend upward, with a clear short-term bullish bias.