On July 16th, the ethanol market was consolidating in East China

On July 16th, the ethanol market prices in Shandong Province were sorted out, with stable factory quotations and downstream procurement based on demand. As of July 16th, cassava general grade ethanol was 5,650 RMB/ton, cassava anhydrous ethanol was 6,250-6,300 RMB/ton, wheat general grade ethanol was 5,600-5,650 RMB/ton, and wheat premium grade ethanol was 5,700-5,750 RMB/ton.

On July 16th, the ethanol market price in Anhui Province remained stable, with limited short-term trading opportunities and flat transactions. The reference price for general grade ethanol was 5,600 RMB/ton, while the reference price for anhydrous ethanol was 6,250-6,350 RMB/ton.

On July 16th, the ethanol market in Henan and Hebei regions had flat transactions

On July 16th, the ethanol market price in Henan Province remained stable with flat transactions. Short term purchases was mainly based on demand. As of July 16th, the reference price for premium ethanol was 5,650-5,560 RMB/ton, and the reference price for anhydrous ethanol was 6,300 RMB/ton.

On July 16th, the transaction volume of Hebei ethanol market was at a high level, and the transaction atmosphere was flat. The transaction price of ordinary corn ethanol was referenced at 5,750-5,850 RMB/ton; The self pickup price reference for anhydrous ethanol factory was 6,000-6,200 RMB/ton.

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