On July 19, the general ethanol price index was 5951, maintaining stability.
Today, the domestic ethanol market is stabilizing. Hot spots on July 19:1. The Northeast region is running steadily. 2. The market in East China is temporarily operating steadily. 3. Maintain market stability in Central China. 4. The domestic market price of ethyl acetate is weak and downward. Major factories in Shandong are bidding for sales, the starting price is lowered, and market procurement is flat.
Specifically, prices in the Northeast region are stabilizing, shipments of cargo holders are under pressure, and demand is generally following up. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,650 - 5,700 yuan/ton, and the price of anhydrous corn ethanol is 6,300 - 6,550 yuan/ton. Heilongjiang reference price: general price 5,500 - 5,550 yuan/ton, waterless price 6,150 - 6,250 yuan/ton. Jinzhou general reference price is 5,900 - 5,950 yuan/ton. The East China market is temporarily operating stably, with the downstream terminal just needing procurement. Reference price in Shandong: cassava waterless reference 6700 yuan/ton, general reference 5,780 - 5,850 yuan/ton. Today's reference price in northern Jiangsu: general reference price is 5950 yuan/ton, anhydrous ginseng is 6,600 - 6,700 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 has maintained stable operations, with no significant increase in the number of vehicles in the region, and mainstream prices have maintained stable. Henan reference price: premium reference is 5850 yuan/ton, waterless reference is 6,650 - 6,700 yuan/ton.
Outlook forecast: The domestic ethanol market is expected to be stable and weak in the short term. In terms of edible ethanol: The enthusiasm for purchasing downstream of the terminal is not high, and the trading atmosphere on the market is dull. In terms of coal-to-ethanol: Holders are actively shipping while inventories are at high levels. In terms of absolute ethanol: The consumption of absolute ethanol is expected to increase, with sellers focusing on stabilizing prices. In terms of fuel ethanol: The purchase price of local refining is weak, and large factories mainly implement main order contracts, which is under pressure on inventory digestion.
Raw materials:Corn market prices have been consolidated within a narrow range, and terminal downstream companies maintain on-demand purchases, with light purchases and sales. 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 was shut down for maintenance and the maintenance was expected to take 15 days. Hongzhan Bayan factory is expected to be shut down for maintenance in early August
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
