July 14, 2026 Port Ethylene Glycol Spot Contract Base Stake at a Glance

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On July 14, 2026, the port glycol (polyester grade, import, ethylene-based) spot contract (from 500 tons)(EG2609 contract) prices rose, the specific range is as follows:

This week's contract (before 7.17) basis price 172 to 174, the transaction price of 4650-4720 yuan/ton;

The basis price of the contract (before 7.25) in July 170 to 175.

The geopolitical conflict in the Middle East has intensified, and the market is worried that shipping in the Strait of Hormuz will be blocked and domestic imports will tighten, pushing up the market risk premium, while crude oil will rise and raise the production cost of oil-to-ethylene glycol. Domestic oil and coal vegetation have entered a centralized maintenance cycle, with the overall operating rate declining, superimposing that East China ports have continued to depot to a low level in recent years, and spot circulation is tight. Downstream polyester starts picking up slightly, and the market is expected to play ahead of traditional textile peak season, superimposed speculative funds to enter the market to do greater, together to drive the price of ethylene glycol continued to rise, ethylene glycol prices up significantly..

[Principles of Formula Pricing to Commodities]

(Source: Business Society)

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