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E-mail : [email protected] | website : www.chemanalyst.com/ Ethanol Prices Overview FOLLOW US: 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).

Ethanol Prices, News, Demand and Supply

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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.

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Page 1: Ethanol Prices, News, Demand and Supply

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Ethanol Prices Overview

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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 thedownstream sectors during Q1 2021. In China, demand from the disinfectantsector maintained stability over the prior quarter. Furthermore, to satisfy thisdemand, China imported a huge quantity of Ethanol from the US. In addition,feedstock corn prices in China were 35-45% high. Meanwhile, in the Indianmarket, heavy availability of feedstock sugarcane pushing down the prices ofEthanol for 3 months consecutively, CFR India prices of Ethanol settled downfrom USD 883.2 per MT (January 2021) to USD 750 per MT (March 2021).

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North America

In North America, the price of Ethanol surged due to production cuts and highdemand from the domestic consumers as well as for exports. Ethanol pricesskyrocketed during Q1 2021 as an effect of low feedstock corn availability.Furthermore, winter season disrupted the production activity across the gulfcoast that led several production plants to face unplanned shutdowns duringJanuary-February. In addition, USA exports skyrocketed due to sudden rise inexport demand from China.

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Europe

Limited supply for Ethanol across the region supported its prices during Q12021. Though Europe is largely depending upon Ethanol imports from USA,tight supply kept a tab on the product availability. The supply from USAremained low due to low feedstock production and high exports and domesticdemand in the country. Meanwhile the demand from disinfectant or sanitizersmanufacturers remained stable throughout the quarter.

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Methodology

ChemAnalyst gathers information through primary research surveys conductedwith various Ethanol manufacturers, spread across domestic and internationalmarket, suppliers and dealers/distributors to gain insights into value-chainsand demand-supply scenario to assess the market situation. Thorough studyof company’s annual reports and secondary sources such as exhaustivesearch on credible paid databases, including our internal database is done toverify the information. All the collected information is analyzed, evaluated andpresented in chronological order to depict a meaningful and clear picture of theconcerned market.

Our dedicated team of industry experts comprehensively monitors andanalyzes various aspects of the Global Ethanol market. The team analyzesvarious industrial segments, strategic viewpoints and provides an analysis ofthe industry’s performance in the long run. This would enable our clients inefficiently plan their future investments, mitigate risk, understand the costdynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supplychains and shift in demand patterns with change in buying behavior ofconsumers across the globe.

Several ongoing development projects across industries are tracked, followedby the details of major projects in the development stage, which can positivelyor negatively influence Global Ethanol market.

Pricing is captured through exhaustive primary interviews with domestic andinternational manufacturers, traders and importers and customers on weekly,monthly and yearly basis.

Finally, region-specific markets for Ethanol are analyzed and region-wisedemand pattern is tracked.

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About

Ethanol is a flammable and volatile organic chemical compound. It can beproduced by a bio route as well as by a petrochemical route. In apetrochemical process, it is produced by hydration of Ethylene while thenatural process involves the fermentation of sugar. Although, Ethanol is amajor compound found in alcohol beverages but the product in its pure form ishighly unfit for human consumption. Owing to its high solubility in water andideal disinfectant properties, Ethanol can be utilized as a solvent in cleaningproducts, sanitizers and paints and varnishes. Ethanol is widely demanded inindustries as a fuel as it efficiently supplies the required oxygen to fuel alongwith reducing excess emissions. It also enhances the octane number in fuelresulting in a longer life of engine. Ethanol is also widely utilized as anintoxicating ingredient in alcohol and thus constitutes vivid demand from thealcohol 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, BelgiumAmerica – USA, BrazilMEA – Saudi Arabia, UAE, South Africa

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ChemAnalyst is ‘one stop’ online portal that offerscomprehensive market intelligence data and in-depth analysis onthe Global chemical and petrochemical industry. Our aim is toprovide competitive advantage to the industry stakeholders byoffering ‘cutting edge’ information and analysis that help ourcustomers leverage on the emerging opportunities in theirbusinesses.

ChemAnalyst’s team of 100+ analysts are engaged intracking Chemical Prices daily, production capacity, demand andsupply outlook, manufacturing plant locations, foreign trade dataand news/deals for more than 400 major chemicals produced inIndia. ChemAnalyst’s Interactive subscription platform providesthe most comprehensive data and analysis in your industry tohelp you decode the future.

ChemAnalyst is promoted by TechSci Research (TSR). TSR is aresearch-based management consulting firm providing marketresearch 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.

Ethanol Prices Overview

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