On June 26, the general ethanol price index was 5,995.5, maintaining stability.
Today, the domestic ethanol market is operating stably. Hot topics for June 26:1. Maintain market stability in Northeast China. 2. Market prices in East China have temporarily stabilized. 3. Stabilize the market in Central China. 4. The domestic market price of ethyl acetate is operating stably. Major factories in Shandong are bidding for sales, the starting price is stable, and the transaction has improved.
Specifically, the overall stability of the Northeast region is maintained, with factories mainly executing contracts and downstream purchasing on demand. 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 East China market is temporarily operating stably, with downstream purchases on demand and smooth on-site goods. 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: general reference price is 6,030 - 6,030 yuan/ton, waterless reference price is 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 has maintained stable operation, Henan has reduced vehicles, demand has temporarily dropped, and prices have not been adjusted yet under the support of costs. Henan reference price: premium reference price is 5,950 - 5,950 yuan/ton.
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 the recent shipment of goods to East China is still acceptable. In terms of coal-to-ethanol: The supply in coal-processing plants is tight. In terms of absolute ethanol: Higher freight rates in the Northeast region affect factory shipments. Spot prices in Henan's major factories were tight, and market prices rose slightly under the support of the supply side. Fuel ethanol: The purchase price of local refining has risen, and demand has recovered slightly today.
Raw materials:Corn market prices are stable and strong. Affected by the floods in Northeast China, 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:Freight rates in Northeast China are high
