Ethanol Price Trends
Procurement Resource provides latest prices of Ethanol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Ethanol for several regions around the globe, which are as follows:
- North America
- South America
- Asia Pacific
- Middle East
Ethanol is a clear, colourless liquid with an ethyl group joined to a hydroxyl group. It is commonly consumed as a recreational drug across the globe. Due to its bactericidal activity, Ethanol is also utilised as a topical disinfectant. Further, it is a significant substance that is used across several manufacturing industries and serves as an alternative for fuel source.
Chemical Formula of Ethanol:
- Ethyl Alcohol
- Grain Alcohol
- Absolute alcohol
- Ethyl hydroxide
- 46.07 g/mol
- Synthesis of organic chemicals
- Automotive gasoline
- Hand sanitisers and disinfectants
- Alcoholic beverages
- Production of Ethanol via Fermentation Process; and via Hydration Process/Synthetic Route.
Ethanol production via fermentation involves the use of crops that are rich in starch, such as, sugar cane, corn, maize, etc. In this process, a certain species of yeast like Saccharomyces cerevisiae is cultured under favourable conditions, which metabolises sugar to produce Ethanol and carbon dioxide. It is further distilled to obtain higher concentration of the product.
Procurement Resource also provides the production cost analysis of Ethanol.
- Archer Daniels Midland Company
- Cargill, Incorporated
- CHS Inc
- POET, LLC
- BP Plc
- The Andersons Inc.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).