On January 15, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,650 yuan/ton, a decrease of 90 yuan/ton compared to the previous trading day's quotation, with actual transactions subject to negotiation. PriceSeek analysis of ethylene glycol shows a long-short score of -1.5. The reduction of 90 yuan/ton in Satellite Chemical's ex-factory price for ethylene glycol to 3,650 yuan/ton indicates increased supply pressure or weak demand in the spot market, with significant downside price risks. Combined with futures data from January 14, 2026, the closing price of the ethylene glycol main contract 2605 was 3,867 yuan/ton. The decline in spot prices may drag down expectations for futures prices, leading to bearish market sentiment. Investors should be cautious of short-term downside pressure.