May 15 News – On May 14, 2026, Satellite Chemical Co., Ltd. (Satellite Chemical) quoted an ex-factory price of 4,800 RMB/ton for ethylene-based monoethylene glycol (MEG), with actual transactions subject to negotiation.

Chempricehub MEG Analysis: Long-Short Score: -1

Spot Market: On May 14, 2026, Satellite Chemical’s ex-factory price for ethylene-based MEG stood at 4,800 RMB/ton, with actual orders subject to negotiation, indicating room for price discussion in spot transactions and relatively weak demand support.

Futures Market: The main MEG futures contract (Dalian Commodity Exchange, contract 2609) closed at 4,691 RMB/ton on the same day, down 90 RMB/ton from the previous trading day. Trading volume reached 336,000 lots, and open interest increased by 11,455 lots, reflecting relatively strong bearish forces. Overall, both spot and futures markets are under pressure, posing a generally bearish impact on MEG prices.