The spot contract basis spread for ethylene glycol at the port weakened on January 6, 2026.

On January 6, 2026, the spot contract for ethylene glycol at the port (minimum 500 tons) showed a weakening intraday basis. The basis for this week's contract experienced a downward adjustment during the day, with quotes ranging from -135 to -128. As of now, the basis for this week's contract has dropped to -135 to -130, while the basis for next week's contract has fallen to -125 to -120. The basis for late-January contracts is quoted at -114 to -110, for late-February contracts at -78 to -74, and for late-March contracts at -35 to -34.