Not much has changed since the 2015 study: Corncob prices still dominate the base price of furfural
The current high furfural price levels are the result of the short supply of furfural from China due to enforcement of environmental compliance by the furfural factories. There are many smaller factories that have either permanently shut down or have to invest in waste treatment technologies.
The study found that there is sufficient supply of corncobs. This is mainly due to the 2007 implementation of the national maize stockpiling program, in order to ensure national food security and create/maintain jobs in rural areas (download the report on this subject).
About Biomass & Furfural
For owners of biomass we offer technology and market access, creating investment opportunities in the cleantech space. Contact us to discuss the potential your biomass has for the production of furfural.
Bagasse, Corncobs, Sunflower Husks and more ..
Also refer to the other articles and/or downloads that we published in our series on “biomass for furfural” production that provide our clients with updates and analysis on the fundamentals and competitiveness of a variety of feedstock.