Chemical Market Research Report

In the current quarter of 2023, the North American Ethanol market has experienced fluctuations driven by several factors. The market has maintained stability with balanced supply and demand. The escalation in upstream corn and energy prices has heightened Ethanol production costs, while destocking and declining freight rates have contributed to price reductions. Additionally, support from the USDA's loans and grants for rural energy development, coupled with increased demand from the downstream biofuel industry, has stimulated a price increase. Notably, the US market has undergone significant price changes, indicating a bearish market sentiment. Track Real Time Ethanol Prices:  https://www.chemanalyst.com/Pricing-data/ethanol-13 The abundant production of corn has primarily contributed to the slight price decrease as upstream prices have softened in the US market. Moreover, global crop production and consumption upticks, alongside increased adoption of distiller's dried grains