SunSirs: Domestic Ethanol Market Trends in Selected Regions on May 12

On May 12, SunSirs benchmark price for ethanol stood at 5,811.67 RMB/ton, a decrease of 0.66% compared to the beginning of the month (5,850.00 RMB/ton).

On May 12, the ethanol market in the East China region remained stable with a weak bias.

On May 12, ethanol market prices in the Shandong region remained stable. The price for standard-grade cassava ethanol was 5,800–5,850 RMB/ton; anhydrous cassava ethanol was priced at 6,550 RMB/ton; standard-grade wheat ethanol was 5,650–5,700 RMB/ton; and premium-grade wheat ethanol was 5,700–5,750 RMB/ton.

The ethanol market in the Anhui region remains stable with a weak bias; reference prices are 5,750–5,850 RMB/ton for standard-grade ethanol and 6,400–6,500 RMB/ton for anhydrous ethanol.

Ethanol Market Activity Limited in the Guangdong-Guangxi Region on May 12

In the Guangxi region, ethanol prices remain stable and are consolidating. Reference prices are 5,900–6,000 RMB/ton for standard-grade cassava-based ethanol, 5,900–6,000 RMB/ton for standard-grade molasses-based ethanol, and 6,800–6,900 RMB/ton for anhydrous ethanol (ex-factory, tax included).

In the Guangdong region, the ethanol market is consolidating at high levels. Reference prices are 6,000–6,200 RMB/ton for cassava-based ethanol and 6,900–6,950 RMB/ton for anhydrous ethanol.

On May 12, the ethanol market in the Henan and Hebei regions remained stable.

In the Henan region, ethanol market prices remain stable, with transactions driven primarily by immediate demand. Reference prices for premium-grade ethanol range from 5,650 to 5,660 RMB/ton, while anhydrous ethanol is referenced at 6,350 to 6,400 RMB/ton.

In the Hebei region, the ethanol market is undergoing volatile consolidation, though transaction prices remain steady. Reference prices for standard-grade corn-based ethanol range from 5,750 to 5,800 RMB/ton; factory-gate pickup prices for anhydrous ethanol are referenced at 6,050 to 6,100 RMB/ton.

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