On April 23rd, the ethanol market in Guangxi had average transactions. Cassava standard reference was 5,300-5,450 RMB/ton, molasses standard reference was 5,400-5,450 RMB/ton, and anhydrous reference was 6,050-6,150 RMB/ton including tax before leaving the factory.
On April 23rd, the ethanol market in Guangdong region had stable transactions. Cassava ethanol was priced at 5,550-5,600 RMB/ton, corn ethanol was priced at 5,550-5,600 RMB/ton, and anhydrous ethanol was priced at 6,350-6,400 RMB/ton. The price of coal based anhydrous ethanol was relatively low.
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