On July 23, the general ethanol price index was 5948, maintaining stability.
Today, the domestic ethanol market maintains stability and waits. Hot spots on July 23:1. The Northeast region is stabilizing its operation. 2. Stable operation of the market in East China. 3. The market in Central China is temporarily operating steadily. 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 continues to increase, and on-site transactions are still acceptable.
Specifically, the Northeast region is operating steadily, and manufacturers have a positive shipping mentality despite high inventories. 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 5,850 - 5,900 yuan/ton. The East China market is operating stably, with tepid demand on the market and a dull trading atmosphere. 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 is temporarily operating steadily, and the number of vehicles in the region has not increased significantly. Henan reference price: premium reference is 5800 yuan/ton, waterless reference is 6600 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 terminals is not high, downstream demand has not improved significantly, and some factories still have shipping pressure. In terms of coal-to-ethanol: The current supply of coal-to-ethanol factories is relatively high, and the number of auctions is large. In terms of absolute ethanol: The Northeast region adjusted first, and factory price cuts stimulated shipments. In terms of fuel ethanol: The general trend is stabilizing, on-site purchases and sales are flat, and main orders are mainly executed.
raw materials: Corn market prices remained volatile in a range, and terminal downstream companies maintained 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 4 lines in Fukang, Meihekou, have maintained production and planned maintenance; Ruiyang, Chifeng, Inner Mongolia, has shut down; Jilin Xintianlong is expected to be repaired in late July, and Heilongjiang Wanli Runda is expected to shut down for maintenance, which is expected to take 15 days. The Hongzhan Bayan factory is expected to be shut down for maintenance in early August.
demand: In the off-season of liquor procurement, downstream chemical industries replenish warehouses on demand.
logistics: Freight rates are gradually stabilizing.
