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Ethanol: The domestic ethanol market was narrowed down on August 5

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August 5, 2024, 4:33 PM

On August 5, the general ethanol price index was 5,874.5, maintaining stability.

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Today, the domestic ethanol market is consolidated within a narrow range. Highlights on August 5:1. Maintain stability and operation in Northeast China. 2. The market in East China is running steadily. 3. Central China is organized in a narrow manner. 4. The domestic ethyl acetate market price is weak and downward. Major factories in Shandong are bidding for sales. The starting price has stabilized after falling over the weekend, and transactions on the market are average.

Specifically, the Northeast region is operating stably, with average demand performance, and a flat trading atmosphere. 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 6,100 - 6,200 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. The East China market is running steadily, and downstream terminal operators are not enthusiastic about entering the market to purchase, and the shipments of cargo holders are average. Today's reference price in northern Jiangsu: general reference price is 5950 yuan/ton, anhydrous ginseng is 6,570 - 6,670 yuan/ton, including tax. Reference price in southern Jiangsu: general reference price 6,050 - 6,300 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. Central China has consolidated within a narrow range, downstream demand has improved slightly, and on-site prices have increased slightly. Henan reference price: premium reference price is 5,850 - 5,900 yuan/ton, and high-end price is increased by 50 yuan/ton compared with the previous working day. The reference for no water is 6650 yuan/ton, and the low-end price is increased by 50 yuan/ton compared with the previous working day.


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Aftermarket forecast: It is expected that the domestic ethanol market will stabilize in the short term. In terms of edible ethanol: Operation is stabilizing, demand in main producing areas has rebounded slightly, vehicles in front of the factory have increased, and factory prices in Henan have increased slightly. Coal-to-ethanol: Maintain stability and operation. In terms of absolute ethanol: The downstream of the terminal needs to be replenished, and we must enter the market cautiously. In terms of fuel ethanol: The weak atmosphere in the market still exists, the receiving prices of local refineries have declined, and demand has continued to be weak.

Raw materials:Corn market prices are weak, terminal downstream procurement enthusiasm is not high, traders cut prices more to stimulate shipments. 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, was suspended for maintenance; Line 4 in Fukang in Meihekou was suspended; Ruiyang, Chifeng, Inner Mongolia, was shut down, and the Hongzhan Bayan factory was shut down for maintenance; Wanli Runda, Heilongjiang, was put into operation on the entire line, with an expected increase in supply; Jilin Xintianlong was shut down for maintenance, 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.

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