Ethanol: The domestic ethanol market was stable and weak on July 26

On July 26, the general ethanol price index was 5,925.5, maintaining stability.

Today, the domestic ethanol market is stable and weak. Hot spots on July 26:1. The Northeast region is running steadily. 2. Maintain market stability in East China. 3. The market in South China is organized within a narrow range. 4. The domestic market price of ethyl acetate continues to decline. Major factories in Shandong bid for sales, the starting price has been lowered, and the transaction remains just needed.

Specifically, the Northeast region is operating steadily, terminal downstream owners are not enthusiastic about entering the market, and factory shipments are under pressure. 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 stable, and the enthusiasm for downstream terminal procurement is not high, and terminal procurement just needs to enter the market. 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. Reference price in Shandong region: reference for general grade wheat is 5,800 - 5,830 yuan/ton. South China has been consolidated in a narrow range. Recently, gold sources have recovered, and Guangxi has a slight reduction in the lack of water in cassava today. Guangxi reference price: The reference price for cassava without water is 6800 yuan/ton, which is 100 yuan/ton lower than the previous working day.

Aftermarket forecast: The domestic ethanol market is expected to weaken and stabilize in the short term. In terms of edible ethanol: The general trend is stabilizing, but the supply in the factory is sufficient and demand continues to be weak, so the holders still have pressure to ship. In terms of coal-to-ethanol: There are many shots in the direction of large coal-making factories. In terms of absolute ethanol: Jinyuan started the operation, and prices in the region remained stable. In terms of fuel ethanol: Stability but weakness, the factory is still at a high level of inventory, mainly consuming inventory, and coal-based start-ups have increased, which is negative for the market price of refining.

Raw materials:Corn market prices are stable and weak, traders are still enthusiastic about shipping, and a small amount is shipped at a good price. DDGS prices are stable and weak, and downstream operators in the market terminal market 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 been suspended for maintenance; Fukang Line 2/3/4 in Meihekou has been produced for food; Ruiyang, Chifeng, Inner Mongolia has been suspended; Jilin Xintianlong is expected to be repaired at the end of July.Heilongjiang Wanli Runda and Hongzhan Bayan were parked for maintenance.

Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.

Logistics:Freight rates have gradually stabilized.