On July 15, 2026, the spot basis quotation for port ethylene glycol (polyester grade, imported, primarily ethylene-based) in spot contracts (min. 500 tons) against the EG2609 futures contract was slightly lowered, with specific ranges as follows:
The main reason is that the current ethylene glycol futures market is trading firmly at high levels. Single-direction receiving traders are relatively cautious, while single-direction traders holding physical cargo are more willing to place sell orders at high prices.
After market close, the port ethylene glycol basis quotations were as follows:
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