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Chempricehub Alert: Satellite Chemical's Ethylene Glycol Quotation Rises by 40 Yuan
Published on 2026-02-11
February 11 News: On February 11, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,640 yuan/ton, an increase of 40 yuan/ton compared to the previous trading day's quotation, with actual orders subject to negotiation. Chempricehub's analysis of ethylene glycol, with a long-short rating of +1: The spot price of ethylene glycol rose by 40 yuan/ton to 3,640 yuan/ton, indicating tight market supply and demand or increased demand, which is favorable for spot prices. Combined with futures data, the main ethylene glycol contract 2605 closed at 3,970 yuan/ton, up by 2 yuan, with open interest increasing by 3,995 lots, reflecting capital inflow and enhanced market confidence, providing support for futures prices. The overall market trend is positive, but the increase is moderate, resulting in a rating of generally favorable +1.