On July 2, the general ethanol price index was 5,975.5, down 3 from the previous working day and 0.05% month-on-month.
Today, the domestic ethanol market is operating weakly and steadily. Hot spots on July 2:1. Maintain market stability in Northeast China. 2. Market prices in East China are temporarily stable. 3. The market in Central China is organized within a narrow range. 4. The domestic market price of ethyl acetate is temporarily stable. Major factories in Shandong bid for sales, the starting price has stabilized, and the trading atmosphere has been flat.
Specifically speaking, the overall stability of the Northeast region is affected by costs.With support from later maintenance, the factory maintained a stable price sentiment.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 the downstream terminal just needing procurement. 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 6100-6200 yuan/ton. Central China has been organized within a narrow range. The current vehicle volume in Henan has decreased and demand is poor. Some factories have adjusted prices first. Henan reference price: premium reference price is 5,900 - 5,950 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. The reference for waterless is 5750 yuan/ton, and the high-end price is reduced by 50 yuan/ton compared with the previous working day.
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: The Northeast region is supported by the cost side, and holders mainly support prices. On-site demand in Henan was not good, and prices fell slightly due to weak demand. In terms of coal-to-ethanol: Yanchang Yushen restarted, supply rebounded, and coal-to-ethanol is expected to decline under the influence of the supply side. In terms of absolute ethanol: Prices in Henan have been slightly lowered due to a decline in demand. In other regions, overall goods are still available, and factories are mainly supporting prices. In terms of fuel ethanol: Market supply has increased, and shippers have a strong shipping sentiment.
Raw materials:The corn market price has been adjusted in shock, with a decrease in surplus grain at the grassroots level and more rainy days in North China. The bullish sentiment in the market has been strong. DDGS prices have been adjusted in shock, and the wait-and-see attitude of downstream operators in the market has been strong. 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 and Huaxing equipment in Mengzhou, Henan Province was repaired. The Huanan plant has resumed feeding, the start-up of the SDIC Jidong fuel unit has been delayed, and Anhui COFCO has switched to food consumption. Jinyimeng was shut down without water, Chifeng Ruiyang started at half load, and others remained stable.
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight dropped slightly.
