On September 13, the general ethanol price index was 5,782.3, maintaining stability.

Today, China's ethanol market is running steadily. Hot spots on September 13:1. The Northeast region maintains stable operation. 2. Maintain stability and operation in East China. 3. Stabilizing prices is the main focus in Central China. 4. The market price of ethyl acetate in China rose within a narrow range. Yankuang stopped selling today. The market remained just in need of trading, and the buying intensity was moderate.

Specifically, the Northeast region is operating steadily and mainly executing pre-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 is operating stably, and shipments from cargo carriers are stable. 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 focuses on stabilizing prices, 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 inventory pressure of the northeastern factories at the supply end is still acceptable. In addition, the downstream operators at the two terminals are in need of replenishment, and the holders may have the intention to increase the price. 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 maintained a tight balance, with downstream procurement mainly on demand, and cargo holders mainly stabilizing prices. Fuel ethanol: China's refining prices are on the sidelines, and fuel ethanol is consolidating.

raw materials: Corn market prices continue to be weak. Corn market prices in Northeast China continued to test downward, with prices from deep processing companies weakening, and corn prices in North China also remained weak, and the decline increased. DDGS prices are stabilizing, and terminal market demand remains to be seen. The main focus is to digest more inventories. However, the current transaction situation of alcohol companies is relatively good, which supports short-term DDGS prices 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, and SDIC Yushu has been put into operation; Anhui COFCO fuel has been shut down, and SDIC Tieling has 80% load; Meihekou Fukang Line 4 is normal, and other devices have no significant fluctuations.

demand: Demand for liquor continues to be weak, and downstream chemical companies just need to replenish their warehouses.

logistics: Freight prices remain stable.