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In the Northern Market, the prices of Ethanol surged accompanied by the hiked prices of feed (corn) in the first quarter of 2022. The prices observed in Q1 of 2022 showcased a hike of 20% as compared with Q4 of 2021. Robust demand from downstream pharmaceutical, cosmetics affected the Ethanol pricing in the Asian market positively.
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Price of Ethanol Trend and Forecast In the first quarter of 2022, the prices of Ethanol in the North American market fluctuated from USD775/ton, FOB Texas to USD 870/ton, FOB Texas USA towards the first quarter end of 2022. As compared with Q4 of 2021, the prices have witnessed a decline of 19% in Q1 of 2022, as the tension between Russia and Ukraine escalated and ethanol manufacturers faced tight supplies from feed (corn) producers. https://www.chemanalyst.com/Pricing-data/ethanol-13
For the Quarter Ending March 2022 The Ethanol prices in the first quarter of 2022 showed sporadic momentum throughout the first quarter in the European market. Varying demand from end users such as disinfectant affected the prices of Ethanol. When compared with the previous quarter of 2021, the prices have shown an escalation of 4% in Europe. Shortage of feed corn and sugarcane occurred due to the war between Russia and Ukraine negatively affecting the trade route https://www.chemanalyst.com/Pricing-data/ethanol-13
Ethanol supply in the first quarter of 2022 The supply of Ethanol in the first quarter of 2022 showed sporadic momentum throughout the first quarter in the European market. The Ethanol prices in the first quarter of 2022 showed sporadic momentum throughout the first quarter in the European market.
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