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Domestic ethanol prices were adjusted to 5,708 yuan per tonne, with diverging performance across categories and regions. Northeast fuel ethanol sold at low prices and weakened, while coal-based ethanol stayed weak with some local price cuts.
Higher corn costs in the Northeast support bio-ethanol, but weak downstream demand and rising inventories point to softer ethanol prices, which lowers the demand outlook for corn used in ethanol.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.