On August 30, the general ethanol price index was 5,782.3, maintaining stability.
Today, China's ethanol market stabilizes prices and waits and sees. Hot spots on August 30:1. The Northeast region is operating weakly and stably. 2. Maintain stability and operation in East China. 3. Central China is running steadily. 4. The market price of ethyl acetate in China is stable. Major factories in Shandong are bidding for sales, the starting price is stable, and market transactions continue to increase.
Specifically speaking, the Northeast region is operating weakly and steadily, with average on-site shipments and lack support for large orders on the site. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,550 - 5,650 yuan/ton, and the price of anhydrous is 6,300 - 6,550 yuan/ton. Heilongjiang reference price: general price 5,350 - 5,500 yuan/ton, waterless price 6,100 - 6,200 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. East China is operating stably, and downstream terminals are not enthusiastic about entering the market for procurement, and factories place orders on demand. 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. Central China's operation is stabilizing, and goods on the market are still available. Premium prices increased slightly yesterday. Today's Henan reference price: premium grade reference is 5880 yuan/ton, anhydrous ethanol reference is 66650 yuan/ton.
Aftermarket forecast: China's ethanol market is expected to be weak in the short term. In terms of edible ethanol: The main focus is to stabilize prices and wait and see, on-site purchases and sales are light, downstream terminals just need to bid to participate, on-site spot stocks are waiting to be digested, and the shipment sentiment of cargo holders is strong. In terms of coal-to-ethanol: Market prices are volatile and operating strongly. In terms of anhydrous ethanol: Recently, the supply in waterless fields has maintained a tight balance, and some factories are reluctant to sell at low prices. Fuel ethanol: Weak and stable operation. Yesterday, the local refining bidding was tendered, but no high-priced contracts were completed. The mentality of the cargo holders was frustrated, and changes in demand still need to be considered under the game of supply and demand.
Raw materials:Corn market prices have been stabilized and consolidated, and there is insufficient upward momentum. The Northeast region fluctuated within a narrow range. The mentality of traders improved slightly, and quotations increased slightly. However, terminal downstream demand did not increase, and on-site transactions were blocked; market prices in North China began to weaken. Under the influence of rainy weather at the beginning of the week, goods arrived in front of deep processing The volume remained low, and as the weather improved, supply increased, and corn prices of deep processing companies weakened again. DDGS prices are operating steadily, and downstream terminal operators replenish their warehouses on demand. There is a strong wait-and-see attitude on the market. After the price reduction of DDGS in some alcohol factories, the transaction volume increased slightly, which provides certain support for the short-term DDGS price. The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:One line of Huaxing plant in Mengzhou, Henan Province is in operation, Jilin Xintianlong has returned to normal, SDIC Yushu has been put into operation; Anhui COFCO fuel has been shut down, SDIC Tieling may have planned to shut down, Meihekou Fukang Line 3 has been shut down, and other devices have no significant fluctuations.
Requirements:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight prices remain stable.
