On October 16, the general ethanol price index was 5418, maintaining stability.
Today, ethanol market prices in China are operating weakly and steadily, and terminal downstream operators continue to enter the market just in need of purchasing. Hot spots on October 16:1. The Northeast region is temporarily operating stably. 2. East China is stabilizing and consolidating. 3. Central China is running steadily. 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. Downstream operators just need to replenish their stocks, and the transaction atmosphere is still good.
Specifically speaking, the Northeast region is temporarily operating steadily, and the on-site trading atmosphere is poor. Today's reference price in Jilin: the price of general-grade corn ethanol is 5,100 - 5,600 yuan/ton, and the price of anhydrous corn ethanol is 5,750 - 6,150 yuan/ton. Heilongjiang reference price: general price 5,000 - 5,100 yuan/ton. Jinzhou general reference price is 5,550 - 5,600 yuan/ton. East China is stabilizing and consolidating, and prices in the southern Jiangsu market have stabilized and moved slightly today. Reference price in northern Jiangsu: the general price is 5550 yuan/ton, and the waterless reference price is 6,200 - 6,250 yuan/ton. Anhui reference price: general price 5,500 - 5,600 yuan/ton. The price of waterless is 6,400 - 6,500 yuan/ton. Reference price in southern Jiangsu: The general price is 5,600 - 5,800 yuan/ton, which is 100 yuan/ton lower than the previous working days. Shandong reference price: The general reference price is 5600 yuan/ton. The reference price of cassava waterless is 6,300 - 6,350 yuan/ton. Central China's operations are stabilizing, and terminal downstream operators continue to enter the market with just purchasing. Today's reference price in Henan: premium reference price is 5,300 - 5,350 yuan/ton. The reference for anhydrous ethanol is 6300-6350 yuan/ton.
Aftermarket forecast: China's ethanol market is expected to operate weakly and stably in the short term. In terms of edible ethanol: Today's market prices have stabilized and moved slightly, with holders mainly stabilizing prices. However, the contradiction between supply and demand in the market is difficult to change in the short term. The trading atmosphere on the market is poor, and the market price may continue to be weak. In terms of coal-to-ethanol: Maintain range fluctuations, and downstream terminal operators are cautious and focused on wait-and-see. In terms of absolute ethanol: The absolute ethanol market is operating steadily, and on-site shipments are average. In terms of fuel ethanol: weak and stable operation, holders actively ship mainly, and terminal downstream operators wait and see carefully enter the market.
Raw materials:Corn market prices increased within a narrow range. Corn in Northeast China is operating in shock, and deep processing companies adjust prices based on the volume delivered in front of the door. North China is stable and strong, with grassroots purchases and sales slightly light, and some farmers are reluctant to sell. DDGS prices are stable and weak, downstream operators 'demand performance is poor, and some traders flexibly negotiate and ship goods. The price of dried cassava has been weak and stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:Huaxing and Houyuan units in Mengzhou, Henan Province are operating on one line, and Huaying units in Jiangsu Province are in semi-production; Cassava units in Xintiande in Guangxi are shut down without water; Jinyuan in Guangxi is shut down; COFCO in Guangxi is shut down; SDIC Tieling has 80% load; The second and third lines of Fukang in Meihekou have been restored, and the fourth line has been suspended; other devices have no significant fluctuations.
Requirements:whiteDemand for wine has improved slightly, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight charges from Northeast China to Shandong increased.
