|Molecular Weight||46.07 g/mol|
|Synonyms||64-17-5, Ethyl Alcohol, Grain Alcohol, Absolute alcohol, Alcohol, Ethyl hydroxide, Ethylol|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Ethanol Prices: https://www.procurementresource.com/resource-center/ethanol-price-trends/pricerequest
The chemical name for it is C2H6O, and it is a basic alcohol. It is a hazardous chemical by nature and is highly combustible. It smells distinctly of the temperate zone and seems to be colourless. Production of ethanol can be accomplished by either using a petrochemical process or the fermentation of sugars (with yeast). Ethanol belongs to a group of transparent, colourless chemical molecules. Ethyl and hydroxy groups are joined to form a liquid. It is mostly used as a recreational drug all over the world.
The top ethanol-producing countries are the United States, Brazil, and the European Union.
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 chart, 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:
A temporary disinfectant, ethanol is used because of its bactericidal qualities. It is also a vital substance that serves as a fuel source alternative in a variety of manufacturing industries. Furthermore, it is a crucial industrial chemical that can be used as a solvent to create several other organic compounds.
In addition to serving as an essential component in alcoholic beverages as a euphoric agent, ethanol also finds use as an additive to gasoline for automobiles. The widespread price trend of ethanol is being influenced by its considerable industrial uses.
Key Market Players:
• Archer Daniels Midland Company
• Cargill, Incorporated
• CHS Inc
• POET, LLC
• BP Plc
• The Andersons Inc.
News and Events:
- September 19, 2022: Due to the allure of international markets over domestic ones, ethanol exports from Brazil to Europe are expected to reach historic highs this year.
- September 20, 2022: The Global Agricultural Information Network study from the USDA Foreign Agricultural Service suggests that Chinese rates for ethanol mix are anticipated to reach barely 1.8 percent this year as support for previous biofuel initiatives dwindles.
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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.
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