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ChemPriceHub Alert: Satellite Chemical's Ethylene Glycol Quotation Raised by 30 Yuan
Published on 2026-01-12
On January 12, 2026, the ex-factory quoted price for ethylene glycol (ethylene-based) by Satellite Chemical Co., Ltd. was 3,690 yuan/ton, an increase of 30 yuan/ton compared to the previous trading day's quotation, with actual transactions subject to negotiation. PriceSeek analysis of ethylene glycol, long-short rating: 1. On January 12, 2026, Satellite Chemical Co., Ltd. raised its ex-factory quoted price for ethylene glycol by 30 yuan/ton to 3,690 yuan/ton, indicating tightening supply or recovering demand in the spot market, which is favorable for spot prices. Considering the ethylene glycol futures market, such as the settlement price of the main contract 2605 on January 9, 2026, at 3,849 yuan/ton, the rise in spot prices may strengthen bullish expectations and drive up futures prices. Given the moderate increase and the absence of significant events, it is rated as a general positive +1.