Ethanol is a chemical compound that is a highly volatile and flammable liquid. It comprises an alcoholic group attached to 2-carbon base atoms. The compound is also known as Ethyl-alcohol, seemingly a colorless liquid with a wine-like odor and a strong taste. The compound is fluid at room temperature, with a melting and boiling point measuring around -144° C and 78.37° C, respectively. It is produced by the fermentation of sugars by yeast or by the process of hydration of ethylene solution.
Request for Real-Time Ethanol Prices: https://procurementresource.com/resource-center/ethanol-price-trends/pricerequest
Ethanol is one of the most active alcohols in alcoholic drinks and is widely used in manufacturing medicines in the medical and pharmaceutical industries.
Vietnam, India, and the United States are the key importing countries to import Ethanol. On the other hand, the primary exporting countries include Vietnam, India, and China.
Key Details About the Ethanol Price Trends:
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 trends, including India Ethanol price, USA ethanol price, pricing database, and analysis can prove valuable for 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 Trends:
Ethanol is a strong alcoholic liquid that is a highly volatile and flammable compound. The compound is used as a solvent in medicines by the medical sector. This solvent dissolve the active ingredients in the drugs, such as tonics, cough syrups, etc. It is also used as an antimicrobial preservative and kills the bacteria in biological materials.
Additionally, Ethanol is an industrial chemical used in various cosmetics and personal care products. It acts as a common topical-penetration enhancer, which can be used in products such as soaps, perfumes, and hair care products.
Ethanol is an excellent solvent, and any amount of Ethanol is easily dissolved in water. It is used as a solvent in synthesizing various organic chemicals such as hydrogen gas, sodium ethoxide, alkenes, etc. The compound is added as an additive to produce automotive gasoline. It is also used in manufacturing paints and cleansing products.
Key Players:
- Archer Daniels Midland Company
- Cargill
- Incorporated
- CHS Inc
- POET
- LLC
- BP Plc
- The Andersons Inc.
News Recent Development
- Date: June 27, 2023- The central government of India has decided to extend the timeline allotted for the disbursement of the loans till September 2023, which has boosted the Ethanol production in the market, empowering the agricultural economy.
About Us:
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 tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
