The ethanol market in Guangxi had a stable center and smooth shipments. Cassava standard reference price ranged from 5,450-5,500 RMB/ton, molasses standard reference price ranged from 5,400-5,550 RMB/ton, and anhydrous ethanol reference price ranged from 6,200-6,450 RMB/ton, including tax, ex-factory.
The ethanol market in Guangdong region was operating steadily with astronger trend, and the trading atmosphere was still acceptable. Cassava ethanol was priced at 5,500-5,550 RMB/ton, corn ethanol was priced at 5,500-6,000 RMB/ton, and anhydrous ethanol was priced at 6,450-6,600 RMB/ton.
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