On July 1, the general ethanol price index was 5,978.5, down 17.53 from the previous working day and 0.28% month-on-month decrease.
Today, the domestic ethanol market is consolidated within a narrow range. Hot spots on July 1:1. Maintain market stability in Northeast China. 2. Market prices in East China have been consolidated within a narrow range. 3. Stabilize the market in Central China. 4. The domestic ethyl acetate market price is weak and downward. Major factories in Shandong are bidding for sales, and the starting price is lowered, and the trading atmosphere is flat.
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 has been organized in a narrow range, and today's Anhui general rating has been slightly lowered. 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: The general reference price is 6,100 - 6,200 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. Central China is operating stably, Henan currently has fewer vehicles, and prices remain stable supported by costs. Henan reference price: premium reference price is 5950 yuan/ton.
Aftermarket outlook forecast: It is expected that the domestic ethanol market will be consolidated within a narrow range in the short term. In terms of edible ethanol: Supported by cost, the holders have obvious intentions to increase prices. In terms of coal-to-ethanol: Yanchang Yushen is restarted today, and supply is expected to increase. Coal-to-ethanol is expected to decline under the influence of the supply side. In terms of absolute ethanol: The downstream owners of the terminal just need to purchase and enter the market, and the demand is still good. In terms of fuel ethanol: Market supply has increased, and shippers have a strong shipping sentiment.
Raw materials:Corn market prices are stable and strong, and rainy weather in some areas has little overall impact on corn purchase and sales. The arrival volume of deep processing enterprises in front of their doors remained low, and rising prices stimulated the increase in arrival volume. DDGS prices have been adjusted in shock, and downstream operators in the 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:The Hongzhan Jixian factory was shut down, the load on Anhui Tanxin increased, and the Xinxing plant in Henan was temporarily shut down. Anhui COFCO has switched to food consumption because of the shutdown of the Huanan factory for maintenance and the delay in the restart of Fukang Line 2/3. 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 dropped slightly.
