On July 29, the general ethanol price index was 5,925.5, maintaining stability.
Today, the domestic ethanol market is operating weakly and steadily. Hot spots on July 29:1. Maintain stability and operation in Northeast China. 2. Partial adjustment of the market in East China. 3. Central China has a slight downward adjustment. 4. The domestic market price of ethyl acetate is weak and downward. Major factories in Shandong are bidding for sales, and the starting price continues to be lowered, resulting in a poor transaction atmosphere.
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 has been partially adjusted, 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: The general reference price is 6,050 - 6,300 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. 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. Central China has a slight downward adjustment, and downstream purchasing enthusiasm is not high, and the main need to replenish stocks is just there. Henan reference price: premium reference price is 5850 yuan/ton, high-end price is reduced by 50 yuan/ton compared with the previous working day. No water reference 6600-6650 yuan/ton.
Aftermarket forecast: The domestic ethanol market is expected to operate weakly and stably in the short term. In terms of edible ethanol: The general trend has stabilized, and Henan has adjusted to mainstream prices over the weekend. On-site demand is weak and difficult to change, and the trading atmosphere is poor. In terms of coal-to-ethanol: There are many shots in the direction of large coal-making factories. In terms of absolute ethanol: The shippers are not well shipping, and there is still inventory pressure. In terms of fuel ethanol: Stability remains weak. The price of local refining goods continues to decline, and demand remains weak.
Raw materials:Corn market prices are stable and weak. Recently, there have been many hot and rainy weather, making it difficult to store grain. Traders are still motivated to ship, and a small amount of goods are shipped at a reasonable 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, suspended maintenance; Fukang Line 2/3/4 in Meihekou produced food; Ruiyang, Chifeng, Inner Mongolia, was shut down for maintenance, Hongzhan Bayan Factory, and Wanli Runda, Heilongjiang, was shut down for maintenance, which is expected to be 15 days; Jilin Xintianlong is expected to be overhauled at the end of July, and SDIC Helen is expected to be overhauled this week.
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
