March 11 News Release: On March 11, 2026, the external listed prices for industrial ethylene glycol (ethylene-based) from various regional branches of Sinopec Chemical Sales Co., Ltd. are as follows:
The East China Branch of Chemical Sales has set an external price of 5,000 RMB/ton for industrial ethylene glycol, an increase of 400 RMB/ton compared to the previous trading day. The specific production companies (brands) and their prices are as follows: Shanghai Petrochemical 5,000 RMB/ton, Yangzi Petrochemical 5,000 RMB/ton, Zhenhai Refining & Chemical 5,000 RMB/ton, Yangba 5,000 RMB/ton, Yanshan Branch 5,000 RMB/ton, Wuhan Ethylene 5,000 RMB/ton, Zhongke Refining & Chemical 5,000 RMB/ton, Hainan Ethylene 5,000 RMB/ton.
The South China Branch of Chemical Sales has set an external price of 4,450 RMB/ton for industrial ethylene glycol, an increase of 450 RMB/ton compared to the previous trading day. The specific production companies (brands) and their prices are as follows: Maoming Nanhai 4,900 RMB/ton, Zhongke Refining & Chemical 4,900 RMB/ton, Hainan Ethylene 4,900 RMB/ton.
The Central China Branch of Chemical Sales has set an external price of 4,350 RMB/ton for industrial ethylene glycol, an increase of 400 RMB/ton compared to the previous trading day. The specific production companies (brands) and their prices are as follows: Wuhan Ethylene 4,750 RMB/ton.
Chempricehub Analysis of Ethylene Glycol: Bull-Bear Score: +1.5
The spot listed prices for ethylene glycol from Sinopec's regional branches were significantly raised by 400–450 RMB/ton on March 11, 2026, with East China quoted at 5,000 RMB/ton, South China at 4,450 RMB/ton, and Central China at 4,350 RMB/ton. This substantial increase indicates tight supply or strong demand, constituting a significant positive factor for spot prices.
Combined with ethylene glycol futures market data (e.g., the closing price of the main contract 2605 on March 10, 2026, was 4,305 RMB/ton, down 168 RMB), the rise in spot prices may drive a rebound in futures prices, as producers' price hikes boost market confidence and support an upward trend in futures.
The score is +1.5 (between moderately bullish and significantly bullish), as the spot market's positive factors are clear, but attention should be paid to the digestion process of the previous decline in futures.