Ethanol: On October 11, China's ethanol market was weakened

On October 11th, the price index of general-grade ethanol stabilized at 5518.

Today, the price of ethanol in China is weak. October 11 hot spots: first, the northeast region will be sorted out steadily. Second, the East China region moves steadily and slightly. Third, the weak arrangement in central China. Fourth, the price of ethyl acetate in China is stable and weak, the main factories in Shandong compete for sale, the starting price is stable, the supply in the surrounding market picks up, and the turnover is poor.

Specifically, the northeast region is stable, the trading atmosphere is poor, and the shippers are in a strong mood. Today's Jilin reference price: general-grade corn ethanol price 5200-5600 yuan / ton, anhydrous price 5850-6150 yuan / ton. Heilongjiang reference price: the general price is 5050-5300 yuan / ton, and the low-end price is 50 yuan / ton lower than the previous working day. Jinzhou general reference price 5550-5600 yuan / ton. East China moved steadily and slightly, while northern Jiangsu fell slightly, and goods went smoothly on the floor. Northern Jiangsu reference price: the general price is 5600 yuan / ton, 50 yuan / ton lower than that of the previous working day. The reference price of no water is 6300-6400 yuan / ton. Anhui reference price: general price 5650-5750 yuan / ton, water-free price 6450-6500 yuan / ton. Southern Jiangsu reference price: general price 5800-5900 yuan / ton. Shandong reference price: general reference price 5700 yuan / ton, cassava anhydrous reference price 6350-6450 yuan / ton. The weak arrangement in central China and the rigid demand of the terminal downstream operators to purchase into the market. Today's Henan reference price: excellent reference 5400-5450 yuan / ton, the high-end price is 50 yuan / ton lower than the previous working day. The reference of anhydrous ethanol is 6300-6350 yuan / ton, and the low-end price is 50 yuan / ton lower than that of the previous working day.

Future forecast: it is expected that China's ethanol market will be sorted out in a narrow range in the short term. Edible ethanol: weak finishing, terminal downstream operators to maintain a rigid demand to buy into the market, the trading atmosphere is light. Coal-to-ethanol: to maintain the range shock, some traders shipping sentiment is strong. Anhydrous ethanol: the anhydrous ethanol market moves steadily, and the shipment is slow. Fuel ethanol: on-site inventory pressure still exists, the shipping sentiment of the holder is strong, and the market price may be weak and volatile under the game of supply and demand.

Raw materials:The price of corn market stabilized, and the fluctuation range slowed down. Corn prices in Northeast China are stable, and some traders sell them at reduced prices to stimulate shipments, but boosted by the news of collection and storage, market prices are mainly stable; however, corn prices in North China are stable and strong, and most of the corn harvest in North China has been completed. market supply pressure has weakened significantly. The DDGS price is stable and weak, the terminal downstream operators have a strong wait-and-see mood, and the market is lack of obvious positive factors. Recently, the price of dried cassava tends to be stable, and the cost of cassava alcohol is relatively stable.

Supply:The Huaxing plant in Mengzhou, Henan Province is in operation, while the Huating plant in Jiangsu is half-produced; the cassava plant in Xintiande, Guangxi, has been produced without water; Anhui COFCO fuel has been shut down; 80% of the load in Tieling, Guotou; the second and third line of Fukang in Meihekou has been restored, and the fourth line has been suspended; other devices have not fluctuated significantly for the time being.

Demand:WhiteThe demand for wine has improved slightly, and the downstream chemical enterprises have a rigid demand for replenishment.

Logistics:Freight rates are gradually stabilizing.