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North America Overall market dynamics of Ethanol Prices in the North American market remained stable on account of a balanced production rate and available stockpile with end-use manufacturing units. USDA figures showed an increase in production rate and increased demand for the commodity in the biofuel production industry. Domestic and foreign demand for the product was mild, and the producer had an abundant stockpile to meet domestic demand. Towards the quarter end, the final price of Ethanol was determined by the tight supply of sugar in the US market, as well as the rising demand from the biofuel and food industries. Senators from the United States were attempting to increase the international market for its Ethanol gas blend. Towards the quarter end, Ethanol prices were observed at USD 755 per MT, FOB Texas. Asia Pacific The overall market dynamics of Ethanol in the Asia-Pacific market declined slightly on account of the fluctuating demand outlook for the product. The Chines...

North America Acetaldehyde prices showed fluctuation in the USA market during the fourth quarter of 2022. In the first few weeks of Q4, Acetaldehyde prices dropped owing to the weak cost pressure from the feedstock Ethanol prices . Demand from the end-user food preservative and allied industry remained subdued, while the ample material availability weighed down the prices of Acetaldehyde. However, during mid of Q4, Acetaldehyde prices rebound due to the high feedstock Ethanol prices. Limited material availability and improved demand from the end-user industry led to the price increase in the domestic market. Although, during the final of Q4, Acetaldehyde prices dropped, backed by the bearish demand dynamics amid off-season dullness. Meanwhile, a sufficient inventory level was available to cater to the overall domestic demand.    Asia- Pacific Acetaldehyde prices have showcased an oscillating trend in Asia- Pacific during the fourth quarter of 2022. During October, Acetal...