Ethanol: On September 30, China's ethanol market temporarily stabilized

On September 30, the general ethanol price index was 5,736.9, maintaining stability.

Ethanol market prices in China are temporarily stable today. Hot spots on September 30:1. The Northeast region is temporarily operating stably. 2. East China is running steadily. 3. Stabilize and operate in central China. 4. The market price of ethyl acetate in China is stable. The main factories in Shandong are bidding for sales, and the starting price is stable. As the National Day holiday approaches, there is a strong wait-and-see attitude on the market.

Specifically speaking, the Northeast region is temporarily operating steadily, and the trading atmosphere on the venue is relatively dull. Today's reference price in Jilin: the price of general-grade corn ethanol is 5,530 - 5,650 yuan/ton, and the price of anhydrous is 6,200 - 6,400 yuan/ton; Heilongjiang reference price: general-grade price is 5,200 - 5,400 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. East China is running steadily, and downstream terminal operators just need to purchase and enter the market, and cargo holders are mainly stable. Reference price in northern Jiangsu: the general price is 5750 yuan/ton, and the waterless reference price is 6,400 - 6,600 yuan/ton. Anhui reference price: general price 5,800 - 5,850 yuan/ton, waterless price 6,500 - 6,550 yuan/ton. Reference price in southern Jiangsu: general price 5,950 - 6,100 yuan/ton. Shandong reference price: general reference price 5,500 - 5,600 yuan/ton. The reference price of cassava waterless is 6,450 - 6,600 yuan/ton. Central China has stabilized operations, and terminal downstream operators have maintained just need to purchase. Today's reference price in Henan: premium grade reference is 5,550 - 5,600 yuan/ton, anhydrous ethanol reference is 6450 yuan/ton.

Aftermarket forecast: It is expected that China's ethanol market will stabilize and consolidate in the short term. In terms of edible ethanol: As the National Day holiday approaches, freight rates have increased slightly, and enthusiasm for purchasing before the holiday has declined. The shipments of cargo holders have fallen short of expectations, and there is a strong wait-and-see attitude on the market. In terms of coal-to-ethanol: Maintain range fluctuations. In terms of absolute ethanol: The absolute ethanol market has stabilized and moved slightly, the demand side has performed poorly, and the trading atmosphere on the floor is flat. Fuel ethanol: Affected by the increase in pre-holiday freight rates, local refining prices have increased within a narrow range. Coupled with the strong wait-and-see attitude of downstream operators in the market approaching the holidays, the fuel ethanol market price has stabilized and consolidated.

Raw materials:Corn market prices are mixed. As the National Day holiday approaches, deep-processing companies have successively announced news of the suspension of receipts; the good news has boosted market mentality, and traders 'quotations have gradually stopped falling and stabilized. The price of DDGS is operating steadily, and downstream operators use it as they please and digest more early inventories. There is a strong wait-and-see attitude in the market. The price of dried cassava has been weak and 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:Pre-holiday freight increased slightly.