What Is the Average Cost of Grain Alcohol? Average Grain Alcohol Price

Grain alcohol is a form of pure alcohol, produced by fermenting and distilling grain. It is also known as ethyl alcohol or ethanol. The prices of ethanol soared about 30% in the last year as the supplies of corn dwindled. The average cost of ethanol is $6.80 per gallon. In addition to being used in the production of alcoholic beverages, grain alcohol is also used as a solvent and in several other industrial applications. However, it should not be consumed as it is, because grain alcohol is extremely potent. Ethanol can be used as an antiseptic. It can also be used as an alternative fuel for automobiles.