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Request for Real Time Ethanol Prices: https://www.procurementresource.com/resource-center/ethanol-price-trends/pricerequest
Ethanol is a liquid which belongs to the organic compounds class. It has a melting of ethanol is 156K and its boiling point is 351 K. It is also referred to as ethyl alcohol. It is a clear, colourless liquid that has a higher-octane rating than gasoline.
It is formed as a by-product of plant fermentation naturally, but it can also be made by hydrating ethylene. It tastes bitter and has a characteristic vinous smell. Its vapours are heavier than air. It has a flash point of 55 °F and its density is 6.5 lb/gal.
United States, Brazil, and the European Union are the leading ethanol producing countries.
Key Details About the Ethanol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the ethanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The ethanol price trends, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Ethanol Price Trend:
Because of its bactericidal properties, ethanol is employed as a temporary disinfectant. It is a crucial material that is used as an alternative fuel source in many manufacturing industries. It is also an important industrial chemical that can be used as a solvent to make a variety of other organic compounds.
Ethanol is used as an additive to gasoline for cars in addition to being a crucial component in alcoholic beverages as a euphoric agent. The extensive industrial uses of ethanol are having an impact on its price trend.
Key Market Players:
- Archer Daniels Midland Company
- Cargill, Incorporated
- CHS Inc
- POET, LLC
- BP Plc
- The Andersons Inc.
News and Events:
- September 19, 2022: This year, ethanol shipments from Brazil to Europe are anticipated to reach all-time highs as a result of the appeal of foreign markets over domestic ones.
- September 20, 2022: According to a research by the USDA Foreign Agricultural Service’s Global Agricultural Information Network, Chinese rates for ethanol mix are forecast to be just 1.8% this year as support for earlier biofuel projects wanes.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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