On August 11, 2026, the basis quotes for port ethylene glycol (polyester grade, imported, primarily ethylene-based, minimum 500 tons per transaction) spot contracts moved lower. The specific ranges are as follows:
- This week's contract (delivery before Aug 14): opening basis quote +480 to +485, subsequently declining to the current +380 to +400.
- Next week's contract (delivery before Aug 21): opening basis quote +470 to +480, subsequently declining to the current +380 to +400.
- Late August contract (delivery before Aug 25): opening basis quote +465 to +480, subsequently declining to the current +380 to +390.
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