Ethanol: On August 13, the domestic ethanol market was weakened

On August 13, the general ethanol price index was 5,840.5, down 34 from the previous working day and 0.58% month-on-month.

Today's domestic ethanol market is weak. Hot spots on August 13:1. The Northeast region is operating steadily. 2. East China is stable and weak. 3. Maintain stability in central China. 4. The domestic market price of ethyl acetate continued to decline. Major factories in Shandong competed for sales, and the starting price was lowered. Transactions were sluggish and new orders were scarce.

Specifically, the Northeast region is operating steadily, with average demand performance, and shipments of cargo holders 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 6,100 - 6,200 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. East China is stable and weak, terminal and downstream demand support in northern Jiangsu is limited, and offers from major factories have been lowered. Reference price in northern Jiangsu: The general price is 5900 yuan/ton, and the waterless reference price is 6,500 - 6,600 yuan/ton, which is 50 yuan/ton lower than the previous working day. Anhui reference price: The general price is 5,850 - 5,900 yuan/ton, the low-end price is reduced by 100 yuan/ton compared with the previous working day, and the high-end price is reduced by 50 yuan/ton compared with the previous working day. The price of waterless is 6650 yuan/ton. Reference price in southern Jiangsu: general price is 6,000 - 6,200 yuan/ton. Central China is operating stably, and on-site supply is still acceptable, but downstream procurement is sluggish, and market prices are stable and wait and see. Henan reference price: premium price 5,850 - 5,900 yuan/ton, waterless price 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: weak and stable operation, on-site purchases and sales are flat, large orders have limited market support, and there is no obvious positive support for demand. In terms of coal-to-ethanol: Market prices are stable and weak. In terms of anhydrous ethanol: The field was adjusted within a narrow range, and the water in northern Jiangsu was reduced within a narrow range. In terms of fuel ethanol: market prices are stable, major factories have reduced production, and main order contracts are mainly implemented.

Raw materials:Corn market prices are stable and weak, downstream companies have poor profits, deep processing companies continue to start at low levels, some companies have stopped harvesting, and overall demand is weak. DDGS prices are stable and weak, demand in the downstream market is poor, and wait-and-see sentiment in the market is strong. 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; Jilin Xintianlong was shut down for maintenance; Heilongjiang Wanli Runda was put into operation across the board, with an expected increase in supply.

Requirements:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.

Logistics:Freight prices remain stable.