Welcome to Chempricehub

 
Home > Category > News > 
ethylene glycol score
Chempricehub Important Reminder: Satellite Chemical's Ethylene Glycol Quote Drops by 100 Yuan
Published on 2026-04-14

April 14, 2026 — On April 14, 2026, Satellite Chemical Co., Ltd. quoted the ex-factory price of ethylene glycol (ethylene-based) at 4,960 yuan/ton, down 100 yuan/ton from the previous trading day, with actual transactions subject to negotiation. Chempricehub analysis of ethylene glycol, long-short score: -1.5. The ex-factory price of ethylene glycol fell by 100 yuan from 5,060 yuan/ton on the previous trading day to 4,960 yuan/ton, a decline of approximately 2%, reflecting oversupply or weak demand in the spot market, which constitutes a significant bearish factor for spot prices. In the futures market, the settlement price of the main contract 2609 on April 13, 2026, was 4,838 yuan/ton, down 60 yuan, with little change in open interest. The decline in spot prices may reinforce expectations of a downward trend in futures, triggering more selling pressure and further weighing on futures prices. Therefore, the score is -1.5, indicating that significant bearish factors dominate the market.

Comments

0
No comments yet.