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.
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