February 5th News — On February 5th, Henan Hanyong's 500,000-ton-per-year ethanol plant was in operation, with the price of premium-grade ethanol dropping by 20 yuan/ton. The quoted price for premium-grade ethanol is 5,430 yuan/ton. Chempricehub's analysis of ethanol shows a long-short rating of -1. The article reports that Henan Hanyong's 500,000-ton-per-year ethanol plant is operating normally, with the price of premium-grade ethanol falling by 20 yuan/ton to 5,430 yuan/ton. This indicates stable or increasing supply, while demand may be relatively weak, putting downward pressure on spot prices. The rating is -1 (generally bearish), as the decline, though small, is clear, reflecting a short-term market situation of oversupply.