January 30, 2026 – Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,780 yuan/ton, down 40 yuan/ton from the previous trading day, with actual transactions subject to negotiation. Chempricehub analysis of ethylene glycol: Bull-Bear Score: -1 The spot ex-factory price of ethylene glycol fell by 40 yuan/ton to 3,780 yuan/ton, a decrease 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 (e.g., 2605) on the Dalian Commodity Exchange 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 in the futures market, with short-term prices expected to remain under pressure.