On July 15, the general ethanol price index was 5951, down 24.5 from the previous working day and 0.41% month-on-month.
Today, the domestic ethanol market fluctuated downward. Hot spots on July 15:1. The Northeast region is weak and downward. 2. The market in East China is organized within a narrow range. 3. The market in Central China dropped slightly. 4. The domestic market price of ethyl acetate has been increased within a narrow range. Major factories in Shandong are bidding for sales, and the starting price has continued to increase. Devices have been temporarily stopped for maintenance, and downstream procurement has been active.
Specifically, prices in the Northeast region have been lowered, factories have been under pressure due to weak demand, and price reductions in large factories have stimulated signings. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,650 - 5,700 yuan/ton, down 50 yuan/ton from the previous working day. The waterless price is 6,300 - 6,550 yuan/ton, which is 50 yuan/ton lower than the previous working day. Heilongjiang reference price: general price 5,530 - 5,700 yuan/ton, waterless price 6,150 - 6,250 yuan/ton. The reference price for Jinzhou's general class is 5,900 - 5,950 yuan/ton, which is 50 yuan/ton lower than the previous working day. The East China market has been consolidated in a narrow range, with overall purchases and sales flat and negative, and factories downgraded slightly. Reference price in Shandong: The reference price for cassava without water is 6700 yuan/ton, and the reference price for excellent quality is 6700 yuan/ton. The general level reference is 5,800 - 5,850 yuan/ton, which is 50 yuan/ton lower than the previous working day. Today's reference price in northern Jiangsu: general reference price is 6000 yuan/ton, waterless reference price is 6,650 - 6,750 yuan/ton, including tax, and high-end price is reduced by 50 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 has seen a narrow decline, demand continues to be weak, vehicle volumes are still decreasing, and premium prices have been lowered. Henan reference price: The premium reference price is 5850 yuan/ton, which is 50 yuan/ton lower than 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 weak in the short term. In terms of edible ethanol: weak and stable, factories in Henan mainly waited and saw after prices fell over the weekend. 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: The northern Jiangsu region and the northeastern production areas are downgraded, while the Henan region is still shipping on demand. In terms of fuel ethanol: The purchase price of local refining is relatively stable, and downstream companies continue to need purchase.
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.
