SunSirs: The Ethyl Alcohol Market Situation in Some Regions of China on February 18th

On February 18th, the ethyl alcohol market in Southwest China saw stable trading.

The general grade ethyl alcohol market for corn in Sichuan region remained strong and stable, demand side purchased according to the market and trading was stable. The market price reference was 5,400-5,500 RMB/ton.

The reference price for sugar syrup ethyl alcohol in Yunnan region was 5500 RMB/ton. Yunnan Yingmao sugar syrup ethyl alcohol enterprise mainly shipped following the market, and the operators had a strong wait-and-see attitude.

On February 18th, the ethyl alcohol market prices in Henan and Hebei regions remained stable

The price of ethyl alcohol in the Henan market was stable, with transactions centered around the low-end market, with low-end transactions being the main focus. As of February 18th, the reference price for premium grade was 5,050 RMB/ton, and the reference price for anhydrous grade was 5,900 RMB/ton.

The ethyl alcohol market in Hebei region was temporarily operating steadily, with a supply-demand game and stable transaction organization. The transaction price reference was 5,000-5,100 RMB/ton; The self pickup price reference for anhydrous ethyl alcohol factory was 5,600-6,000 RMB/ton.

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