January 30th News: On January 30th, Henan Hanyong's 500,000-ton/year ethanol plant was in operation. The price of premium-grade ethanol increased by 350 yuan/ton, with a quoted price of 5,600 yuan/ton. Chempricehub's analysis of ethanol shows a long-short rating of 2. The article indicates that Henan Hanyong's ethanol plant is in production, and the price of premium-grade ethanol has significantly risen by 350 yuan/ton to 5,600 yuan/ton, suggesting strong market demand or tight supply. This substantial increase may be driven by rising demand from downstream chemical or fuel sectors, which constitutes a significant positive factor for spot ethanol prices. It is expected that prices will maintain an upward trend in the short term.