April 3, 2024 — On April 3, Henan Hanyong's 500,000-ton-per-year ethanol plant is in operation. The price of premium-grade ethanol has dropped by 30 yuan per ton, with the current quotation at 5,750 yuan per ton. Chempricehub's analysis of ethanol shows a bearish score of -1. Henan Hanyong's ethanol plant is operating normally, and the price of premium-grade ethanol has decreased by 30 yuan per ton to 5,750 yuan per ton. This indicates ample market supply and relatively weak demand, exerting downward pressure on spot prices, which is generally bearish.