April 24 News – On April 22, the corn ethanol market in Sichuan saw a decline of approximately 100 yuan/ton. Major plants are operating their facilities, while downstream customers are purchasing only on a need-to-basis. Market transactions were recorded at 6,150–6,200 yuan/ton.

According to Chempricehub’s ethanol analysis, the bullish-bearish rating stands at -1. The report indicates that spot prices for corn ethanol in Sichuan fell by 100 yuan/ton, with a transaction range of 6,150–6,200 yuan/ton. Increased production from major plants has boosted market supply, while downstream customers are engaging in only essential procurement. Weak demand has led to a supply surplus, exerting bearish pressure on ethanol spot prices.