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