On January 12, 2026, the spot contract basis (minimum 500 tons) for port-based ethylene glycol (polyester-grade, imported, primarily ethylene-based) showed a weak intraday trend. The basis for this week's contract experienced intraday downward adjustments, with quotes ranging from -157 to -147. As of now, the basis for this week's contract has declined to -157 to -154. The basis for late-January contracts has dropped to -145 to -142, while late-February contracts are quoted at -95 to -92, and late-March contracts are quoted at -47 to -44.