On January 6, 2026, the spot contract for ethylene glycol at the port (minimum 500 tons) showed a weakening intraday basis. The basis for this week's contract experienced a downward adjustment during the day, with quotes ranging from -135 to -128. As of now, the basis for this week's contract has dropped to -135 to -130, while the basis for next week's contract has fallen to -125 to -120. The basis for late-January contracts is quoted at -114 to -110, for late-February contracts at -78 to -74, and for late-March contracts at -35 to -34.
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