Ethanol: China's ethanol market will be consolidated and put into operation on May 11

On May 11, the general ethanol price index was 5678, unchanged from yesterday.

 China's ethanol market prices are temporarily stable. Hot spots on May 11:1. Market prices in South China are temporarily stable, and terminal factories in the region are generally enthusiastic about entering the market to replenish goods. 2. Prices in East China are stable. 3. Price consolidation and operation in Northeast China. 4. The market price of ethyl acetate has been adjusted at a high level. Major factories in Shandong bid for sales. The starting price has remained stable and the trading atmosphere has been light.

Specifically, prices in the Northeast region are consolidated and operating, market demand is flat, and shipments of cargo holders are not smooth. The price of general-grade corn ethanol in the Jilin market is 5,700 - 5,750 yuan/ton, the price of high-grade corn ethanol is 5,870 - 6,000 yuan/ton, and the price of ordinary corn without water is 6,300 - 6,400 yuan/ton. Prices in the Central China market have been adjusted within a narrow range. The basic atmosphere in the market is flat, and shipments are limited. Enquiries are mainly needed. The premium prices range from 5,850 to 5,900 yuan/ton, and the waterless prices range from 6,600 to 6,650 yuan/ton. Prices in East China adjusted within a narrow range. Northern Jiangsu is stable, with downstream transactions on demand, and factories mainly price. Today, the transaction price of general-grade ethanol is 6,000 - 6,050 yuan/ton, premium grade ethanol is 6,100 - 6,120 yuan/ton, and waterless is 6,650 - 6,750 yuan/ton.

                                     Unit: yuan/ton

Aftermarket forecast: China's ethanol market prices are expected to be narrowed in the short term. In terms of coal-to-ethanol: Yushen plans to carry out maintenance around the 20th of this month. Anhui has not released an auction. The carbon Xin device has been shut down. It is expected to restart in mid-May. There is not much pressure on market supply, but the terminal market demand support is weak, and the factory ships on demand. goods. In terms of fuel ethanol, quotations in Northeast China remain firm, but some factories in the east have loosened, which has affected the overall sentiment for price support. In terms of edible ethanol: With the support of low supply, various companies maintain a strong price sentiment, but downstream transactions still remain in demand.