April 16th News — On April 16th, the ethanol market in Shandong region remained stable with a slight weakening trend, with prices decreasing by 50 yuan/ton. Currently, the prices are as follows: cassava-grade ethanol at 5,950–6,000 yuan/ton, cassava anhydrous ethanol at 6,550 yuan/ton, wheat-grade ethanol at 5,750–5,800 yuan/ton, and wheat premium-grade ethanol at 5,800–5,850 yuan/ton. The price of special-grade ethanol remains relatively high.

Chempricehub's analysis of ethanol indicates a bearish score of -1. The report notes that the ethanol market in Shandong region is stable with a slight weakening trend, with prices across all grades generally decreasing by 50 yuan/ton. For instance, cassava-grade ethanol has dropped to 5,950–6,000 yuan/ton, and wheat-grade ethanol has fallen to 5,750–5,800 yuan/ton. This suggests increased supply pressure or insufficient demand, exerting a generally bearish impact on spot prices.