Ethanol: The domestic ethanol market weakened partially on July 5

On July 5, the general ethanol price index was 5,972.5, down 3 from the previous working day and 0.05% month-on-month.

Today, the domestic ethanol market partially weakened. Hot spots on July 5:1. Maintain market stability in Northeast China. 2. The market in East China is temporarily operating steadily. 3. The market weakness in Central China is downward. 4. The domestic market price of ethyl acetate is operating stably. Major factories in Shandong are bidding for sales, and the starting price is stable.production and sales balance。

Specifically speaking, the overall stability of the Northeast region is affected by costs.And subsequent maintenance factories 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 operating steadily for the time being. Today, Henan continues to decline, which may further be negative for East China enterprises. 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 6,050 - 6,050 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's weakness is declining, the current vehicle volume in Henan is decreasing, and demand continues to decline. Under weak demand, factories are the first to sell at reduced prices. Henan reference price: premium reference price is 5,850 - 5,900 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. The reference for waterless is 6,650 - 6,700 yuan/ton, and the low-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 stabilize prices. On-site demand in Henan is not good, and prices are operating weakly and steadily under weak demand. In terms of coal-to-ethanol: Supply has rebounded, and coal-to-ethanol is expected to decline under the influence of the supply side. In terms of absolute ethanol: purchased on demand in the region, and the trading atmosphere is dull. Fuel ethanol: Weak consolidation. Affected by the continued downward trend in local refining prices, shipment sentiment in the Northeast region is strong, and market prices have dropped slightly.

Raw materials:Corn market prices have been adjusted within a narrow range, with fewer surplus grains at the grassroots level and more rainy days in North China, and the bullish sentiment in the market is strong. DDGS prices have temporarily stabilized, and downstream operators in the market terminal 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 and Huaxing equipment in Mengzhou, Henan Province was repaired. The Huanan plant has resumed feeding, the SDIC Jidong fuel plant has resumed feeding, and Anhui COFCO has switched to eating. 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 rates have gradually stabilized.