April 17th News: On April 17th, the landed price of modified ethanol in Brazil, inclusive of taxes, was 9,420 yuan per ton, a decrease of 127 yuan per ton compared to the previous period. Chempricehub's analysis of ethanol shows a bearish score of -1. The landed price of modified ethanol in Brazil, inclusive of taxes, fell by 127 yuan per ton to 9,420 yuan per ton, indicating an oversupply in the market or weak demand, which exerts bearish pressure on the spot price of ethanol. The price decline may be attributed to increased production in Brazil or weakened international demand, and the spot market is likely to remain under pressure in the short term.
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