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Home > News > Chempricehub Alert: Ethylene Glycol Auction Starting Price Increase is Favorable

Chempricehub Alert: Ethylene Glycol Auction Starting Price Increase is Favorable

Published on 2026-01-03

December 30th News
On the morning of December 30, 2025, Shanxi Lu’an Chemical Technology Co., Ltd. Sales Branch conducted an auction for 200 tons of polyester-grade ethylene glycol (coal-based) from 10:30 to 10:40. The delivery address was Shouyang Chemical, with a starting price of 3,360 yuan/ton, inclusive of tax and ex-factory, marking an increase of 10 yuan/ton compared to the previous trading day.

Chempricehub Analysis of Ethylene Glycol, Bull-Bear Score: 1
The auction starting price increased by 10 yuan/ton to 3,360 yuan/ton, inclusive of tax and ex-factory, compared to the previous trading day, indicating tight supply or increased demand in the spot market, which is favorable for ethylene glycol spot prices. The closing price of the main ethylene glycol futures contract (e.g., 2605) on December 29 was 3,817 yuan/ton. The rise in spot prices may drive futures prices upward, as futures markets typically reflect spot trends. Although this auction was relatively small in scale (200 tons), the upward adjustment signal reinforces market bullish sentiment.

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