Ethanol: Local adjustment of the domestic ethanol market on July 9

On July 9, the general ethanol price index was 5,972.5, maintaining stability.

Today, the domestic ethanol market is partially consolidated within a narrow range. Hot spots on July 9:1. 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 has been stable, and the price of raw material acetic acid has risen partially, which has given a certain boost. On-site transactions are acceptable.

Specifically speaking, the overall stability of the Northeast region has been maintained, factories have executed more orders and contracts, 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. Today, the northern Jiangsu region has a downward adjustment. Downstream purchasing enthusiasm is average, and stock holders have mainly adjusted downward. Today's reference price in Shandong: cassava waterless reference 6700 yuan/ton, general reference price 5,850 - 5,900 yuan/ton, premium reference price 6700 yuan/ton. Today's reference price in northern Jiangsu: the general reference price is 6000 yuan/ton, which is 30 yuan/ton lower than the previous working day. The reference for waterless is 6,650 - 6,800 yuan/ton, including tax, and the low-end price is reduced by 20 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 steadily, on-site demand is lukewarm, and the number of vehicles has not increased significantly. 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: Some prices have been lowered, and demand is relatively weak. We still need to pay attention to the equipment maintenance situation this week. 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 anhydrous ethanol: Local anhydrous supply maintains a tight balance, and prices are mainly 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 organized in a narrow range, downstream purchases are made on demand, and traders ship a small amount at a good price. The reluctance to sell still exists. 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.