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ChemPriceHub, October 23
On October 23, the 80,000 tons/year edible wheat-based ethanol unit of Guaxian Xinrui Group maintained a daily output of approximately 200 tons. The price of ethanol was raised by RMB 50 per ton: Standard-grade ethanol is priced at RMB 5,700/ton, and Premium-grade ethanol at RMB 5,750/ton. Distillers Dried Grains with Solubles (DDGS) are quoted at RMB 2,050/ton. Ethanol transactions are primarily driven by essential demand.
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