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Ethyl alcohol News
SunSirs: Ethanol Market Weekly Report (5.8-5.12)
May 17 2023 09:38:58()

On May 15th, the benchmark price of ethanol for SunSirs was 6720.00 RMB/ton, a decrease of -4.11% compared to the beginning of this month (7008.33 RMB/ton).

According to the Commodity Market Analysis System of SunSirs, the domestic ethanol market is operating in a weak state. From May 8th to May 12th, the domestic ethanol price fell from 6991 RMB/ton to 6720 RMB/ton, with a price drop of 3.89% during the cycle, a month on month decrease of 3.84%, and a year-on-year decrease of 10.60%. Production enterprises mainly maintain stable prices, traders adjust their quotations downwards, downstream demand is weak, actual orders are insufficient, and the market atmosphere is weak.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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