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ChemPriceHub Important Notice: Taiwan Ethylene Glycol Plant Shutdown Affects Supply
Published on 2026-01-06
According to market rumors, two ethylene glycol units in Taiwan Province of China, with a combined capacity of 720,000 tons per year, were shut down as planned in early January 2026, with the restart time yet to be determined. PriceSeek's analysis of ethylene glycol indicates a bullish-bearish score of 1.5. The shutdown of the two ethylene glycol units in Taiwan Province, with a combined capacity of 720,000 tons per year and an undetermined restart time, has heightened expectations of reduced market supply. This is expected to directly boost spot prices of ethylene glycol, as supply shortages may drive increased procurement enthusiasm on the demand side. Combined with data from the Dalian Commodity Exchange's ethylene glycol futures, the main contract, such as 2605, settled at 3,766 yuan per ton, with open interest increasing by 22,856 lots and active trading volume, indicating high market sensitivity to supply disruptions. It is anticipated that futures prices will be supported and trend upward, with a clear short-term bullish trend.