On June 25, the general ethanol price index was 5,995.5, down 3 from the previous working day and 0.05% month-on-month.
Today, the domestic ethanol market is consolidated within a narrow range. Hot topics for June 25:1. Maintain market stability in Northeast China. 2. Market prices in East China increased slightly. 3. Market prices in Central China have declined. 4. The domestic market price of ethyl acetate is operating weakly and steadily. Major factories in Shandong are bidding for sales, and the starting price continues to be lowered, and transactions have improved slightly.
Specifically, the overall stability of the Northeast region is maintained, and cost support still exists. Today's reference price in Jilin: the price of general-grade corn ethanol is 5,700 - 5,750 yuan/ton, and the price of anhydrous corn ethanol is 6,350 - 6,600 yuan/ton. Heilongjiang reference price: general price 5,530 - 5,700 yuan/ton, waterless price 6,150 - 6,250 yuan/ton. The eastern China market and the northern Jiangsu region rose slightly. Recently, general shipments were still good, and terminal purchases boosted factories 'confidence in supporting prices. Today's reference price in Shandong: waterless cassava reference 6700 yuan/ton, general cassava reference 6000 yuan/ton, premium reference price 6700-6700 yuan/ton. Today's reference price in northern Jiangsu: the general reference price is 6,030 - 6,030 yuan/ton, which is 30 yuan/ton higher than the previous working day. No water refers to 6,700 - 6,800 yuan/ton including tax. Reference price in southern Jiangsu: general reference price 6100-6300 yuan/ton. Reference price in Anhui: general reference price 6150-6200 yuan/ton. Central China is weak and downward, and Henan has reduced vehicles. Henan reference price: premium reference price is 5,950 - 5,950 yuan/ton, which is 50 yuan/ton lower than the previous working day.
Outlook forecast: It is expected that the domestic ethanol market will stabilize slightly in the short term. In terms of edible ethanol: Henan is operating weakly and steadily, and South China is shut down due to gold sources, which boosts the confidence of holders to hold prices. In terms of coal-to-ethanol: The supply in coal-processing plants is tight. In terms of absolute ethanol: On-site goods are acceptable, downstream purchasing is stable, and cost support still exists. Fuel ethanol: The purchase price of local refining continues to weaken, traders are mainly selling in panic, and shipment sentiment is positive.
Raw materials:Corn market prices are stable and strong, but the overall range of changes is limited, and traders are most optimistic about prices. DDGS prices are stable and weak, and downstream operators in the market terminal market have a strong wait-and-see attitude.。The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:Hongzhan Jixian factory was shut down, Anhui Tanxin load increased, and Henan Xinxing equipment was shut down. The Huanan factory was shut down for maintenance and the restart of Fukang Line 2/3 was delayed until the end of the month. Anhui COFCO has switched to eating. Jinyimeng was shut down without water, Chifeng Ruiyang started at half load, and others remained stable.
Requirements:Liquor purchasing off-season, downstream chemical industries replenish warehouses on demand.
Logistics:There are still many Sichuan and local vehicles in Henan, and freight prices have dropped.
