January 7, 2026 – Satellite Chemical Co., Ltd. announced an ex-factory price of 3,700 yuan per ton for ethylene glycol (ethylene-based) on January 7, 2026, marking an increase of 30 yuan per ton compared to the previous trading day. Actual transactions are subject to negotiation.
Chempricehub Analysis for Ethylene Glycol: Bull-Bear Score: 1.5
The ex-factory price of ethylene glycol has risen by 30 yuan per ton to 3,700 yuan per ton compared to the previous trading day, indicating either increased production costs or strong demand. This provides strong positive support for spot prices and may drive up market transaction prices.
Combined with futures data, the settlement price of the main ethylene glycol futures contract (e.g., 2605) has recently increased (3,796 yuan per ton on January 6, 2026, up by 30 yuan). The upward adjustment in spot prices will reinforce market bullish expectations, supporting bullish sentiment in futures, particularly for near-month contracts such as 2605 and 2606.