SunSirs: The Ethyl Alcohol Market Situation in Some Regions of China on December 12th

On December 12th, the ethyl alcohol market in Henan and Hebei regions remained stable. The ethyl alcohol market in Henan was temporarily stable, with a reference price of 5,380 RMB/ton for premium grade and 6,200 RMB/ton for anhydrous grade. The ethyl alcohol market in Hebei region was stable. The reference transaction price was 5,400-5,500 RMB/ton; The self pickup price reference for anhydrous ethyl alcohol factory was 6,200-6,400 RMB/ton.

On December 12th, the ethyl alcohol market in Southwest China experienced a narrow decline. The general grade ethyl alcohol market for corn in Sichuan region had experienced a narrow decline, with average demand support and mainly driven by rigid demand transactions. The market price reference was 5,350-5,500 RMB/ton. The reference price for cassava ethyl alcohol in Yunnan region was 6,000-6,100 RMB/ton, and the reference price for sugar syrup ethyl alcohol was 6,000-6,100 RMB/ton. There was temporarily no inventory available.

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