On August 20, the general ethanol price index was 5822, maintaining stability.
Today, the domestic ethanol market stabilizes prices. Hot spots on August 20:1. Maintain stability and operation in Northeast China. 2. East China is running steadily. 3. The South China market is organized within a narrow range. 4. The domestic market price of ethyl acetate increased within a narrow range. Major factories in Shandong bid for sales, and the starting price increased slightly. Transactions cooled, and inventory remained to be consumed.
Specifically, the Northeast region has stabilized prices, with average performance on the demand side, and weak real orders. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,600 - 5,650 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's operation is stabilizing, and cargo holders have a strong shipment sentiment, but terminal downstream demand is average. Reference price in northern Jiangsu: the general price is 5900 yuan/ton, and the waterless reference price is 6,500 - 6,600 yuan/ton. Anhui reference price: general price 5,850 - 5,900 yuan/ton, waterless price 6650 yuan/ton. Reference price in southern Jiangsu: general price is 6000 yuan/ton. South China has consolidated within a narrow range and shipments in the Guangxi market are not smooth. Today, cassava ethanol prices have been reduced within a narrow range. Today's reference price in Guangxi: 95% cassava price is 5,950 - 6,050 yuan/ton, which is 50 yuan/ton lower than the previous working day. The price of cassava without water is 6700 yuan/ton.
Aftermarket outlook forecast: It is expected that the domestic ethanol market will be weak in the short term. In terms of edible ethanol: Stability is weak, terminals are purchased at low prices, downstream demand from terminals has limited support for the market, and factory shipments are slow. In addition, two major factories in Jilin are planning to restart, and supply is expected to increase, increasing the bearish sentiment of industry players in the market. In terms of coal-to-ethanol: Market prices remain volatile in range. In terms of absolute ethanol: The market is running steadily, on-site demand support is poor, and there are few real orders sold. Fuel ethanol: The main focus is to stabilize prices. Taking into account the bearish expectations of corn, the shareholders have a strong shipment sentiment, and the overall market is not in a good mood to support prices.
Raw materials:Corn market prices were mixed, and corn prices in the north and south regions diverged. However, the demand side on the market remained weak, and the wait-and-see mood on the market was strong. The price of DDGS is stable and consolidated, with downstream replenishment on demand. There is no significant increase in demand in the terminal market. In addition, the recent decline in DDGS prices has increased the wait-and-see mood on the market. The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:One line of Huaxing equipment in Mengzhou, Henan Province was in operation; the entire line of Wanli Runda in Heilongjiang Province was put into operation, and Xintianlong in Jilin Province returned to normal. This week, production of Fukang Line 4 in Meihekou and SDIC Yushu equipment resumed. The supply is expected to increase, and there is no significant fluctuation in other equipment.
Requirements:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight prices remain stable.
