On January 30, 2026, Satellite Chemical Co., Ltd.'s ex-factory price for ethylene glycol (ethylene-based) was quoted at 3,780 yuan/ton, a decrease of 40 yuan/ton compared to the previous trading day's quotation, with actual transactions subject to negotiation. PriceSeek analysis of ethylene glycol, with a long-short rating of -1: The spot ex-factory price of ethylene glycol fell by 40 yuan/ton to 3,780 yuan/ton, a decline of approximately 1.05%, reflecting ample market supply or weak demand, which generally exerts bearish pressure on spot prices. In the futures market, the main ethylene glycol contract on the Dalian Commodity Exchange (e.g., 2605) settled at 3,944 yuan/ton the previous day, down 14 yuan, with open interest decreasing by 10,974 lots, indicating capital outflow and bearish sentiment. The decline in spot prices may reinforce downward pressure on futures, with short-term prices expected to remain under pressure.
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