February 6th News
On February 6th, the duty-paid delivered price of modified ethanol in the United States was 7,995 yuan per ton, a decrease of 156 yuan per ton.
Chempricehub Analysis of Ethanol, Bull-Bear Score: -1.5
The duty-paid delivered price of modified ethanol in the United States fell by 156 yuan per ton to 7,995 yuan per ton, indicating an oversupply in the spot market or weak demand, which exerts significant downward pressure on ethanol prices. The score is -1.5 (generally bearish), as the decline is substantial but not extreme, possibly influenced by fluctuations in the international energy market. Attention should be paid to the ongoing impact of supply and demand dynamics on spot prices.