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In addition, feedstock corn prices in China were 35-45% high. Meanwhile, in the Indian market, heavy availability of feedstock sugarcane pushing down the prices of Ethanol for 3 months consecutively, CFR India prices of Ethanol settled down from USD 883.2 per MT (January 2021) to USD 750 per MT (March 2021).
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Ethanol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global Ethanol Market For the Quarter Ending March 2021 Asia In the Asian markets, overall demand for Ethanol remained firm from the downstream sectors during Q1 2021. In China, demand from the disinfectant sector maintained stability over the prior quarter. Furthermore, to satisfy this demand, China imported a huge quantity of Ethanol from the US. In addition, feedstock corn prices in China were 35-45% high. Meanwhile, in the Indian market, heavy availability of feedstock sugarcane pushing down the prices of Ethanol for 3 months consecutively, CFR India prices of Ethanol settled down from USD 883.2 per MT (January 2021) to USD 750 per MT (March 2021). FOLLOW US:
Ethanol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ North America In North America, the price of Ethanol surged due to production cuts and high demand from the domestic consumers as well as for exports. Ethanol prices skyrocketed during Q1 2021 as an effect of low feedstock corn availability. Furthermore, winter season disrupted the production activity across the gulf coast that led several production plants to face unplanned shutdowns during January-February. In addition, USA exports skyrocketed due to sudden rise in export demand from China. Get more info: https://www.chemanalyst.com/Pricing- data/ethanol--13 Europe Limited supply for Ethanol across the region supported its prices during Q1 2021. Though Europe is largely depending upon Ethanol imports from USA, tight supply kept a tab on the product availability. The supply from USA remained low due to low feedstock production and high exports and domestic demand in the country. Meanwhile the demand from disinfectant or sanitizers manufacturers remained stable throughout the quarter. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. FOLLOW US:
Ethanol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Ethanol manufacturers, spread across domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Ethanol market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Ethanol market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on weekly, monthly and yearly basis. Finally, region-specific markets for Ethanol are analyzed and region-wise demand pattern is tracked. FOLLOW US:
Ethanol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Ethanol is a flammable and volatile organic chemical compound. It can be produced by a bio route as well as by a petrochemical route. In a petrochemical process, it is produced by hydration of Ethylene while the natural process involves the fermentation of sugar. Although, Ethanol is a major compound found in alcohol beverages but the product in its pure form is highly unfit for human consumption. Owing to its high solubility in water and ideal disinfectant properties, Ethanol can be utilized as a solvent in cleaning products, sanitizers and paints and varnishes. Ethanol is widely demanded in industries as a fuel as it efficiently supplies the required oxygen to fuel along with reducing excess emissions. It also enhances the octane number in fuel resulting in a longer life of engine. Ethanol is also widely utilized as an intoxicating ingredient in alcohol and thus constitutes vivid demand from the alcohol and beverages industry. Product Specific Details CAS No.: 64-17-5, HS Code: 22072000; Packaging Size: Tankers/Barrels; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot Countries Covered: APAC – China, Japan, India, South Korea, Singapore, Europe – Germany, France, Belgium America – USA, Brazil MEA – Saudi Arabia, UAE, South Africa FOLLOW US:
Ethanol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ is ‘one stop’ comprehensive market intelligence data and in-depth analysis on the Global chemical and petrochemical industry. Our aim is to provide competitive advantage to the industry stakeholders by offering ‘cutting edge’ information and analysis that help our customers leverage on the emerging opportunities in their businesses. ChemAnalyst online portal that offers ChemAnalyst’s tracking Chemical Prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst’s Interactive subscription platform provides the most comprehensive data and analysis in your industry to help you decode the future. team of 100+ analysts are engaged in ChemAnalyst is promoted by TechSci Research (TSR). TSR is a research-based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more. CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
