On January 8, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,660 yuan/ton, a decrease of 40 yuan/ton compared to the previous trading day, with actual transactions subject to negotiation. PriceSeek analysis of ethylene glycol, bullish-bearish score: -1. The ex-factory price of ethylene glycol decreased by 40 yuan/ton to 3,660 yuan/ton, indicating ample market supply or weak demand, exerting downward pressure on spot prices. Considering the recent performance of ethylene glycol futures (e.g., the main contract 2605 rose by 58 yuan on January 7), the decline in spot prices may dampen sentiment in the futures market, putting pressure on futures prices. The overall bearish impact stems from expectations of weakening fundamentals, but the magnitude of the decline is relatively moderate (approximately 1.1%), resulting in a generally bearish rating.