ChemPriceHub, November 9:
On November 9, the 80,000 tons/year food-grade wheat ethanol plant of Guanxian Xinrui Group maintained a daily output of approximately 200 tons. The company lowered its ethanol prices by 50 RMB/ton. Standard-grade (First Grade) ethanol is quoted at 5,650 RMB/ton, while premium-grade ethanol is priced at 5,700 RMB/ton. DDGS (Distillers Dried Grains with Solubles) is trading at 2,000 RMB/ton. Market transactions are driven primarily by essential demand for ethanol.
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