SunSirs: Quotations of Ethanol Producers in some Areas have been Lowered Several Times
March 24 2023 14:25:58On March 20, the benchmark price of ethanol in Sunsirs was 7142.86 RMB/ton, which was -0.70% lower than that at the beginning of this month (7192.86 RMB/ton).
According to the monitoring of SunSirs, the domestic ethanol market is weak. From March 10th to 17th, the domestic ethanol price fell from 7,171 RMB/ton to 7,142 RMB/ton, a decrease of 0.40% during the cycle, a month-on-month decrease of 1.19%, and a year-on-year decrease in prices. 0.27%. The quotations of production enterprises in some areas have been lowered several times, and the overall price adjustment range is about 150 RMB/ton. At the same time, the downstream demand is flat, and traders are not fast to take the goods. The center of gravity of the short-term ethanol market is weak.
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