Polyester-grade Ethylene Glycol (Synthesis Gas Route) Trader Quotations (Tax-Included, Full Truckload, Ex-Factory) Overview as of January 9, 2026: Yulin Polyester-Grade: 3,280 CNY/ton Weihua Polyester-Grade: 3,350 CNY/ton Jianyuan Polyester-Grade: 3,220 CNY/ton Woneng Polyester-Grade: 3,400 CNY/ton Shouyang Polyester-Grade: Starting bid at 3,360 CNY/ton, winning bid +30 CNY/ton. For actual procurement inquiries, please contact: 18667002095 (same number for WeChat). PriceSeek Analysis of Ethylene Glycol: Bull-Bear Score: -1.5 Spot quotations range from 3,220–3,400 CNY/ton (e.g., Yulin 3,280 CNY/ton, Woneng 3,400 CNY/ton), significantly below the futures closing price on January 8, 2026 (e.g., Contract 2609 at 3,937 CNY/ton). This indicates ample market supply or weak demand, potentially exerting downward pressure on futures prices. The trader bidding mechanism (e.g., Shouyang starting bid at 3,360 CNY/ton) suggests intense competition, further reinforcing bearish expectations. Combined with futures data, recent changes in open interest for nearby contracts (e.g., Contract 2605 open interest increased by 5,267 lots) reflect market divergence, but spot market weakness may drag down futures adjustments.