Ethanol: China's ethanol market was deadlocked and stable on September 6

On September 6, the general ethanol price index was 5,773.7, maintaining stability.

China's ethanol market is deadlocked and stable today. Hot spots on September 6:1. The Northeast region maintains stable operation. 2. East China is operating weakly and steadily. 3. Stabilizing prices is the main focus in Central China. 4. The market price of ethyl acetate in China is stable and weak. Major factories in Shandong are bidding for sales, the starting price is stable, and the market transaction volume is high.

Specifically speaking, the Northeast region is operating steadily and on-site shipments are average. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,530 - 5,650 yuan/ton. The price of waterless is 6,300 - 6,550 yuan/ton. Heilongjiang reference price: general price 5,350 - 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 is operating weakly and steadily, with poor demand performance, and slow shipments from cargo holders. Reference price in northern Jiangsu: general price 5900 yuan/ton, waterless reference price 6,600 - 6,700 yuan/ton, Anhui reference price: general price 5,850 -5900 yuan/ton, waterless price 6650 yuan/ton. Reference price in southern Jiangsu: general price is 6000 yuan/ton. Shandong reference price: The general reference price is 5,770 - 5,800 yuan/ton. Central China is mainly stable in prices, and downstream terminal purchases are stable. Today's Henan reference price: premium grade reference is 5880 yuan/ton, anhydrous ethanol reference is 6650 yuan/ton.

Aftermarket forecast: China's ethanol market is expected to stabilize prices in the short term. In terms of edible ethanol: Terminal downstream operators purchase on demand. Although it is approaching the pre-holiday replenishment, the overall improvement is insufficient, and on-site purchase and sales continue to the previous level. 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 remained in a tight balance, with downstream procurement mainly on demand. Some factories have to queue up to pick up goods, which is good for cargo holders to maintain their intention to hold prices. In terms of fuel ethanol: The main focus is to stabilize prices and wait and see, and the downstream of the terminal purchases on demand. Pre-holiday stocking and replenishment will provide some support for the market. Holders are cautious in shipping.

Raw materials:Corn market prices are generally weak. The Northeast region is weak, with on-site purchases and sales being flat, and traders 'enthusiasm for shipping is still good; market prices in North China have been reduced within a narrow range, mainstream prices have remained stable, and companies are buying and using as they please. DDGS prices are operating steadily, with terminal downstream operators replenishing stocks on demand, and soybean meal prices rising within a narrow range, supporting the price of DDGS to a certain extent. 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.