On July 12, the general ethanol price index was 5,975.5, maintaining stability.
Today, the domestic ethanol market stabilizes prices and waits and sees. Hot spots on July 12:1. Maintain market stability in Northeast China. 2. The market in East China has temporarily stabilized. 3. Maintain market stability in Central China. 4. The domestic market price of ethyl acetate is stable and upward. Major factories in Shandong are bidding for sales, and the starting price has increased, and the atmosphere for chasing and trading is positive.
Specifically speaking, the overall stability of the Northeast region is maintained, mainly supported by costs to stabilize prices. There are no major orders signed to support them, and inventory pressure still exists.。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 strong sentiment for suppliers in shipment, downstream just needing procurement, and on-site transactions are dull. 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. Central China is operating stably, and overall demand is lukewarm. The number of vehicles has not increased significantly, and prices have remained stable. Henan reference price: premium reference is 5900 yuan/ton, waterless reference is 6,650 - 6,700 yuan/ton.
Aftermarket outlook forecast: It is expected that the domestic ethanol market will be weak in the short term. In terms of edible ethanol: All factories in the market are still at high inventories, but the overall demand is weak and difficult to change, and the industry has a strong bearish attitude. 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: goods on the site are stable, and downstream operators at the terminal are mainly in need of purchasing. Fuel ethanol: Maintaining weakness, local refineries are still in a weak operating stage due to the impact of low-price supplies
Raw materials:Corn market prices are operating weak, and the downward adjustment is gradually slowing down. Terminal and downstream companies maintain on-demand purchases, and purchase and sales are light. 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; only the fourth line of Fukang in Meihekou has maintained production and is scheduled to be repaired on July 20; Ruiyang, Chifeng, Inner Mongolia, has been shut down; 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.
