On September 2, the general ethanol price index was 5,782.3, maintaining stability.
Aftermarket forecast: China's ethanol market is expected to stabilize prices in the short term. In terms of edible ethanol: There is a strong wait-and-see attitude on the market. There is a slight increase in stock before the Mid-Autumn Festival. Recently, the number of inquiries has increased. Although it has boosted the intention of holders to hold prices, it is still considered that signing orders will be limited after price increases. 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, market prices have remained firm, and some factories are reluctant to sell at low prices. Fuel ethanol: Weak wait and see. In the early stage, low-priced sources of local refining were basically exhausted, and the price increased slightly, but the main price continued to decline.
Raw materials:Corn market prices are mixed. The Northeast region is running steadily, with slow-moving goods on the market. Deep processing companies have lost profits and are not willing to collect freely. The quotations of some companies have been lowered again. Market prices in North China have been adjusted within a narrow range, grain sources have gradually decreased, and new corn will still be available for a certain period. Time, market prices have been adjusted within a narrow range to adjust the arrival volume. DDGS prices are stable and consolidated, 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.
