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Ethanol market is not busy in peak season

 Last Update: 2021-09-10
 Source: Internet
 Author: User

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Sinochem's new website reports that the ethanol market, which is the peak season for consumption, is still tepid

In terms of raw materials, corn prices in August showed a strong trend

On the supply side, the corn ethanol plants of SDIC Fukang, Tieling, COFCO Zhaodong, Henan Houyuan, etc.

In terms of demand, affected by the epidemic and the latest baijiu standard policies, the demand for baijiu is weak, and the demand for ethanol in the chemical industry basically maintains just-needed purchases

On the whole, the domestic ethanol market will still show an oversupply situation in the short term, and the market will mainly operate in a weaker position.

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