On July 10, the general ethanol price index was 5,975.5, an increase of 3 from the previous working day and a month-on-month increase of 0.05%.
Today, the domestic ethanol market has stabilized and moved slightly. Hot spots on July 10:1. Maintain market stability in Northeast China. 2. The market in East China has temporarily stabilized. 3. The market in Central China is organized within a narrow range. 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 is acceptable.
Specifically, the overall stability of the Northeast region is maintained, mainly supported by costs to stabilize prices, and some factories still have inventory pressure。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 steadily. Terminal companies just need to replenish and participate. Suppliers 'shipments are average, and transactions are flat. Reference price in Shandong: cassava waterless reference 6700 yuan/ton, general reference price 5,850 - 5,900 yuan/ton, excellent reference price 6700 yuan/ton. Today's reference price in northern Jiangsu: general reference is 6000 yuan/ton, waterless reference is 6,650 - 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. In Central China, low-end price factories have moved smoothly recently, inventory consumption is still acceptable, and prices have returned to mainstream prices. Henan reference price: premium reference price is 5900 yuan/ton, and low-end price is increased by 50 yuan/ton compared with the previous working day. No water 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. Edible ethanol: Stabilizing and weakening, demand is not enough to support the upward trend of prices. 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 expectations, flat terminal purchases, and strong shipment sentiment among shippers.
Raw materials:Corn market prices are stable and weak, 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:Huaxing, Mengzhou, Henan Province, has suspended maintenance; Fukang, Meihekou, has only maintained production on the fourth line and is scheduled to be repaired on July 20; Ruiyang, Chifeng, Inner Mongolia, has dropped to half-capacity production; Jilin Xintianlong is expected to be repaired in late July.Heilongjiang Wanli Runda is expected to be overhauled in mid-July.
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
