Today, the price of ethylene glycol has slightly loosened and remains relatively high for the month. According to data from Shengyi Society, as of August 28th, the average price of domestic oil to ethylene glycol was 4498.33 yuan/ton, an increase of 1.50% from the average price of 4435 yuan/ton on August 1st.
In terms of port ethylene glycol, on August 28, 2025, the spot contract price basis of port ethylene glycol first rose and then fell. This week’s spot contract basis range is+58 to+69 yuan/ton. As of the close, the contract basis range for next week is+68 to+71 yuan/ton, the contract basis range for late September is+70 to+74 yuan/ton, and the contract basis range for late October is+64 to+67 yuan/ton.
The spot price of domestic coal to polyester grade ethylene glycol (loose water, tax included, self pickup) per unit is 4050-4100 yuan/ton.
In terms of external ethylene glycol, recent ship cargo negotiations have resulted in transactions around 531-534 US dollars per ton.