Chempricehub, July 8th
Recently, Vietnam's domestic ethanol production capacity has been severely insufficient, leading to large-scale imports of ethanol from China. Vietnam's monthly demand for E10 gasoline ranges from 92,000 to 100,000 cubic meters, while domestic supply can only provide 25,000 cubic meters, with 70% of the gap relying on imports. The country's three major petroleum groups have long-term contracts securing ethanol supplies from both China and the United States, making Vietnam a primary overseas market for China's fuel ethanol.
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