January 28 News: On January 28, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 3,850 yuan/ton, an increase of 40 yuan/ton compared to the previous trading day's quotation, with actual orders subject to negotiation. Chempricehub's analysis of ethylene glycol shows a long-short score of 1.5. The ex-factory spot price of ethylene glycol rose by 40 yuan/ton to 3,850 yuan/ton, indicating upward pressure on the supply side, possibly due to rising raw material ethylene costs or improved demand, which is a significant positive for spot prices. Combined with futures data, the main ethylene glycol contract 2605 closed at 3,938 yuan/ton on the previous trading day, with a settlement price of 3,956 yuan/ton, down 46 yuan. However, the strength in the spot market may drive a rebound in futures prices, as the futures market anticipates that spot trends will lead to a recovery in contract prices. The score of +1.5 reflects a significant increase and improved market sentiment.