On February 2, the duty-paid delivered price of modified ethanol in the United States was 8,151 yuan per ton, an increase of 329 yuan per ton. PriceSeek's analysis of ethanol shows a long-short score of 1.5. The duty-paid delivered price of modified ethanol in the United States surged by 329 yuan per ton, reaching 8,151 yuan per ton, representing an increase of approximately 4.2%. This indicates tight supply or increased demand in the international market, significantly benefiting spot ethanol prices. The rise may be driven by higher raw material costs or logistical factors, supporting bullish sentiment in the spot market in the short term.
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