| Product Name | Ethanol |
| HS Code | 29309091 |
| Molecular Weight | 46.07 g/mol |
| Chemical Formula | C2H6O |
| Synonyms | 64-17-5, Ethyl Alcohol, Grain Alcohol, Absolute alcohol, Alcohol, Ethyl hydroxide, Ethylol |
| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Ethanol Prices: https://www.procurementresource.com/resource-center/ethanol-price-trends/pricerequest
Ethanol is a member of a class of organic compounds that is clear and colourless. It is a liquid with a combined ethyl and hydroxyl group. Its primary use is as a recreational drug worldwide.
The United States, Brazil, and the European Union are the global 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, silver price, copper price, etc. 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 trend, 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:
Ethanol is employed as a contemporary disinfectant owing to its bactericidal properties. It is also used in various manufacturing industries as a crucial substance that substitutes for a fuel source. It is also an essential industrial chemical that can be employed as a solvent to produce other kinds of organic chemicals.
Ethanol finds application as an automotive gasoline additive as well as functions as a critical ingredient in alcoholic beverages as an intoxicating ingredient. Such extensive industrial uses of ethanol are imparting its price trend across the globe.
Key Market Players:
- Archer Daniels Midland Company
- Cargill, Incorporated
- CHS Inc
- POET, LLC
- BP Plc
- The Andersons Inc.
News and Events:
- September 19, 2022- Ethanol exports from Brazil being imported by Europe are going to hit record highs in the ongoing year due to the appeal of foreign markets over domestic.
- September 20, 2022 – the USDA Foreign Agricultural Service’s Global Agricultural Information Network report hints that the Chinese rates for ethanol blend are likely to hit just 1.8 percent during this year as support for prior biofuel policies weakens.
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