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The demand for Ethanol in North America showcased stagnancy after a rapid spring rally in the previous quarter. In August and September, the demand as well as the production plateaued and settled below the critical levels in comparison to thick corn harvest.
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Ethanol Prices Overview
Market Overview
Quarterly Update on Global Ethanol Market
For the Quarter Ending September 2020
Asia
The Asian Ethanol market faced marginal supply shortage as a fuel as well as
an additive in beverage. With fears of resurgence of coronavirus in several
parts of the region, the demand for Ethanol is expected to receive further boost
as a feedstock for sanitizer and cleaning products in the coming months.
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E-mail : [email protected] | website : www.chemanalyst.com/
Ethanol Prices Overview
Meanwhile, as traders and several downstream buyers are looking forward to
pile-up feedstock to prepare for the tightened supply after the harvest season,
the demand for Ethanol is anticipated to further move up. Capacity additions
and expansions for Ethanol production on enhanced government support in
India is likely to provide relief on the supply side in the near future.
Europe
The European Ethanol market witnessed further gains with travelling and trade
activities tracing pre lockdown levels resulting in its increased demand as fuel.
Manufacturers and traders remained optimistic over improved offtakes of the
product as end-use industries begun stock piling ahead of the winter season to
eliminate risk of supply shortage in the next quarter.
However, with the fresh wave of coronavirus cases frightening the country in
early September, an astonishing fear of demand uncertainty has prevailed in
the near term.
North America
The demand for Ethanol in North America showcased stagnancy after a rapid
spring rally in the previous quarter. In August and September, the demand as
well as the production plateaued and settled below the critical levels in
comparison to thick corn harvest.
As per the available data, the demand is primarily a result of the falling stock in
contrast to the consistent rise in production since the beginning of July. The
upward trend in Ethanol demand as fuel is also in jeopardy, with U.S ending
with its peak seasonal travelling months.
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Ethanol Prices Overview
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.”
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.
E-mail : [email protected] | website : www.chemanalyst.com/
Ethanol Prices Overview
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.
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.
