February 28th News: According to market rumors, a 400,000-ton-per-year syngas-to-ethylene glycol plant in Shaanxi is scheduled to undergo maintenance in early to mid-March, with an expected downtime of around 40 days. Chempricehub's analysis of ethylene glycol shows a bullish-bearish score of 1.5. Reason: Market rumors indicate that a 400,000-ton-per-year ethylene glycol plant in Shaanxi is planning a 40-day maintenance shutdown in early to mid-March, which is expected to reduce supply by approximately 43,800 tons (calculated based on annual capacity). The supply contraction is a significant positive factor for ethylene glycol spot prices and may drive up spot market prices. Combined with ethylene glycol futures data, such as the main contract 2605 on the Dalian Commodity Exchange (closing price 3,703 yuan/ton, down 22 yuan) and the near-month contract 2603 (closing price 3,465 yuan/ton, down 28 yuan), this news may boost sentiment in the futures market, particularly affecting the March contract and benefiting short-term futures price increases.