January 5 News On January 5, 2026, Satellite Chemical Co., Ltd. announced an ex-factory quotation for ethylene glycol at 3,610 yuan per ton, a decrease of 60 yuan per ton compared to the previous trading day's quotation, with actual transactions subject to negotiation. Chempricehub Analysis on Ethylene Glycol Bull-Bear Score: -1 The article reports that Satellite Chemical has lowered its ex-factory quotation for ethylene glycol by 60 yuan per ton to 3,610 yuan per ton, indicating that the company is facing pressure from oversupply or weak demand, posing a direct downside risk to spot prices and potentially triggering a market-wide decline. Combined with the recent performance of ethylene glycol futures contracts (e.g., the main contract price showing a downward trend), this price reduction signal may amplify bearish sentiment in the futures market, leading to short-term price pressure. Therefore, the score is set as generally bearish, reflecting weak fundamentals but not a major event-driven shock.