On August 6, the general ethanol price index was 5,877.5, up 3 from the previous working day and 0.05% month-on-month.
Today, the domestic ethanol market has stabilized and moved slightly. Highlights on August 6:1. Maintain stability and operation in Northeast China. 2. Partial adjustment of the market in East China. 3. Central China is running steadily. 4. The domestic market price of ethyl acetate is operating stably. Major factories in Shandong are bidding for sales, and the starting price is stable.The market transaction atmosphere is general。
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 has been partially adjusted. Today, the northern Jiangsu region is stable and weak, and factories in the region have lowered their offers. Today's reference price in northern Jiangsu: general reference price is 5950 yuan/ton, anhydrous ginseng is 6,550 - 6,650 yuan/ton including tax, which is 20 yuan/ton lower than the previous working day. 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: The reference price for general wheat is 5,850 - 5,850 yuan/ton, and the low-end price is increased by 50 yuan/ton compared with the previous working day. Central China is running steadily, with most downstream terminals buying on demand, and goods are shipped smoothly from factories. Henan reference price: premium reference price is 5900 yuan/ton. No water reference is 6650 yuan/ton.
Aftermarket forecast: It is expected that the domestic ethanol market will stabilize in the short term. In terms of edible ethanol: Stability remains weak. Demand remains weak after completing procurement at the downstream end of the terminal, and the situation of supply exceeding demand still exists. Coal-to-ethanol: Maintain stability and operation. In terms of absolute ethanol: There is a strong wait-and-see attitude on the market, and downstream operators at the terminal are cautious in entering the market. 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 stable and weak, and some companies have stopped harvesting in many factories, which has had a certain impact on the market and further enhanced the enthusiasm of traders to ship. 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; Fukang Line 4 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.
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
