On September 14, the general ethanol price index was 5,782.3, maintaining stability.
Today, China's ethanol market is running steadily. Hot spots on September 14:1. The Northeast region maintains stable operation. 2. Maintain stability and operation in East China. 3. Central China is operating steadily. 4. China's ethyl acetate market price increased slightly, and factory offers in some regions increased slightly, resulting in a strong wait-and-see mood on the market.
Specifically, the Northeast region is operating steadily and is supported by early order contracts. 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 5,400 - 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 has maintained stable operations, shipments of cargo holders have been slow, and demand side performance is poor. Reference price in northern Jiangsu: general price 5850 yuan/ton, waterless reference price 6,550 - 6,700 yuan/ton, Anhui reference price: general price 5850- 5,900 yuan/ton, waterless price 6650 yuan/ton. Reference price in southern Jiangsu: general price is 6,000 - 6,100 yuan/ton. Shandong reference price: The general reference price is 5,730 - 5,800 yuan/ton. Central China is operating steadily, with downstream terminals purchasing on demand. Today's Henan reference price: premium grade reference is 5850 yuan/ton, anhydrous ethanol reference is 6650 yuan/ton.
Aftermarket forecast: China's ethanol market is expected to be deadlocked and stable in the short term. In terms of edible ethanol: The general trend is stabilizing. Large factories in Northeast China are supported by pre-order contracts, and their prices are stable and strong in the short term. However, East China is affected by supply from Northeast China, and on-site shipments are average. In terms of coal-to-ethanol: Market prices remain volatile in range. In terms of anhydrous ethanol: Recently, the supply in waterless fields has maintained a tight balance, with downstream procurement mainly on demand, and cargo holders mainly stabilizing prices. Fuel ethanol: Weak consolidation, local refining purchase prices have been lowered, which has negative sentiment among market operators, and sellers may have a stronger shipment sentiment.
Raw materials:Corn market prices are consolidating at a low level. The corn market price range in Northeast China fluctuates, and traders have strong shipping sentiment, but terminal downstream demand has not increased significantly. DDGS prices have stabilized, alcohol companies have mostly implemented pre-order contracts. As the Mid-Autumn Festival holiday approaches, feed companies have weakened their purchasing enthusiasm. 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 has 80% load; Meihekou Fukang Line 4 is normal, 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.
