In mid-October 2026, the domestic ethylene glycol market shows a pattern of narrow price oscillation. The operating rate of China’s ethylene glycol plants has declined slightly, while port inventories are undergoing phase destocking. Downstream polyester manufacturers only place purchases based on rigid demand, and the overall market remains in a wait-and-see mood.

Overseas plant maintenance expectations offer support to overseas ethylene glycol quotations. Import and export inquiries have picked up recently, and global buyers are paying close attention to the availability and price trend of Asian ethylene glycol cargoes. Market participants hold mixed views on the short-term market. On one hand, the destocking trend at ports provides certain support for prices. On the other hand, weak downstream demand restricts large-scale price increases.

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Market analysts expect that ethylene glycol prices will keep fluctuating within a limited range in the near term. The key factors to watch include changes in port inventory levels, downstream polyester consumption, and maintenance schedules of overseas production facilities.