19 September 1994 00:00 [Source: ICB]
ETHANOL SUPPLY curtailments and seasonal demand are likely to result in French-led Q4 contract hikes. The French fermentation ethanol players are expected to raise prices from FF345/hectalitre FD to FF360/hectalitre.
The major west European synthetic ethanol producers - BP, Hüls and SODES - all underwent major maintenance shutdowns in H1 this year. Those out-ages helped to raise UK prices by around £30/tonne in March/April over previous numbers in the £500-535/tonne FD range. Lacklustre out-of-season demand has since brought numbers back to £510-540/tonne. But the traditional October-to-May buying season, which is being heralded by numerous US and Brazilian shipments of potable ethanol to Russia for vodka manufacture, will soon be in full swing.
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