January 28th – According to market rumors, a 400,000-ton-per-year ethylene glycol (EG) unit in Iran has restarted. It is reported that the unit underwent maintenance and was shut down in early January. Chempricehub's analysis of ethylene glycol, with a bullish-bearish score: -1. The article mentions rumors of the restart of a 400,000-ton-per-year ethylene glycol unit in Iran, which had been shut down for maintenance in early January. The expectation of increased supply exerts downward pressure on the spot price of ethylene glycol, as the global ethylene glycol market is trending toward a looser supply, which may curb any rebound in spot prices. Combined with ethylene glycol futures data, the main contract 2605 (January 27, 2026) on the Dalian Commodity Exchange closed at 3,938 yuan per ton, down 46 yuan for the day, with open interest decreasing by 6,520 lots and trading volume remaining high, indicating strong bearish sentiment in the market. The news of the unit restart may further weigh on futures prices, leading to further weakness in forward contracts such as 2606 and 2607. The overall score is moderately bearish (-1.0), as the event is of medium scale, but attention should be paid to the actual impact after the rumors are confirmed.