Ethanol: The domestic ethanol market was stable and weak on July 8

On July 8, the general ethanol price index was 5,972.5, maintaining stability.

Today, the domestic ethanol market is stable and weak. Hot spots on July 8:1. Maintain market stability in Northeast China. 2. The market in East China is organized within a narrow range. 3. The market in Central China is temporarily operating steadily. 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 volume is relatively considerable.

Specifically speaking, the overall stability of the Northeast region is stable, waiting for big manufacturers to bid, and there is a strong wait-and-see attitude in the field。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 consolidated in a narrow range, while the Shandong market has declined slightly, stimulating shipments under inventory pressure. Today's reference price in Shandong: cassava waterless reference 6700 yuan/ton, general reference 5,850 - 5,900 yuan/ton, down 50 yuan/ton from the previous working day. The excellent reference price is 6700 yuan/ton. Today's reference price in northern Jiangsu: the general reference price is 6030 yuan/ton, which is 20 yuan/ton lower than the previous working day. The reference for waterless is 6,670 - 6,800 yuan/ton including tax, and the low-end price is reduced by 30 yuan/ton compared with the previous working day. 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 is temporarily operating stably, with relatively small vehicles in the region, and other factories have not yet followed suit to cut prices. Henan reference price: premium reference is 5,850 - 5,900 yuan/ton, waterless reference is 6,650 - 6,700 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: The Northeast region is supported by the cost side, and holders mainly stabilize prices. Demand support in East China was weak, and market prices were consolidated within a narrow range. 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: Shipping sentiment in northern Jiangsu and Henan is relatively strong, prices are down, and prices in other regions are relatively stable. Fuel ethanol: Weak consolidation, affected by the continued downward trend in local refining prices, negative sentiment in the market.

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.