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Chempricehub Alert: Satellite Chemical's Ethylene Glycol Quote Increased by 30 Yuan
Published on 2026-01-12
January 12 News: On January 12, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,690 yuan/ton, an increase of 30 yuan/ton compared to the previous trading day's quotation, with actual orders subject to negotiation. Chempricehub's analysis of ethylene glycol, with a long-short score: 1. On January 12, 2026, Satellite Chemical Co., Ltd. raised its ex-factory price of 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. Combined with the ethylene glycol futures market, such as the settlement price of the main contract 2605 at 3,849 yuan/ton on January 9, 2026, the rise in spot prices may strengthen bullish expectations and push up futures prices. Given the moderate increase and the absence of major events, it is rated as a general positive +1.