April 16, 2026 – Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 5,050 yuan/ton on April 16, 2026, an increase of 50 yuan/ton compared to the previous trading day, with actual transactions subject to negotiation. Chempricehub’s analysis of ethylene glycol, with a long-short rating of +1.5, indicates that Satellite Chemical’s ex-factory quotation of ethylene glycol (ethylene-based) at 5,050 yuan/ton, up 50 yuan/ton from the previous trading day, suggests tight spot market supply or increased demand, which is favorable for ethylene glycol spot prices. Combined with ethylene glycol futures contract data, such as the closing price of the 2609 contract at 4,906 yuan/ton, up 70 yuan, with a trading volume of 317,789 lots and an increase in open interest by 21,769 lots, the futures market shows synchronized gains and active trading, reinforcing expectations of price increases and providing strong support for futures prices. Based on the performance of both spot and futures markets, a rating of +1.5 is assigned, reflecting a generally strong bullish trend.