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The spot contract basis spread for ethylene glycol at the port weakened on January 7, 2026.
Published on 2026-01-07
On January 7, 2026, the spot contract basis for ethylene glycol at the port (minimum 500 tons) showed weak intraday performance. The basis for this week's contract experienced a downward adjustment and loosening during the day, with quotes ranging from -140 to -138. As of now, the basis for this week's contract has declined to -147 to -140, while the basis for next week's contract has dropped to -134 to -132. The basis for late-January contracts is quoted at -125 to -123, for late-February contracts at -80 to -78, and for late-March contracts at -37 to -36.