Ethanol: China's ethanol market will maintain stability on May 16

On May 16th, the price index of general-grade ethanol was 6005.5, unchanged from yesterday.

& nbsp; & nbsp; & nbsp; today, China's ethanol market is running smoothly, some downstream enterprises have rigid demand for procurement, the attitude of operators is more cautious, and the trading atmosphere is general. Hot spots on May 16: first, the market price in Northeast China is temporarily stable, and some equipment maintenance supports the factory's strong mentality. Second, the price market in East China is stable and the market trading is stable. Third, price stability in South China, rigid demand to participate in the delivery. Fourth, ethyl acetate market price market temporarily stable operation, Shandong main factory bidding sales, the starting price is stable, trading volume is improving, downstream rigid demand replenishment.

& nbsp; & nbsp; & nbsp; specifically, the market price in Northeast China is stable, the manufacturers in the region mainly maintain the delivery of previous orders, and the transaction atmosphere of new orders is limited. At present, affected by the outage of devices in the field, some manufacturers are willing to raise their quotations. Today's Jilin market reference price: general-grade corn ethanol price 5750-5800 yuan / ton, superior-grade corn ethanol price 5920-6100 yuan / ton. The market price in East China is stable, the terminal downstream market rigid demand replenishment, the supplier delivery is stable, Anhui area reference price: general class 6100 yuan / ton, anhydrous 6700 yuan / ton. Reference price in northern Jiangsu: general grade 6050 yuan / ton, no water 6700-6750 yuan / ton. Shandong area reference price: cassava general grade 6050 yuan / ton, cassava anhydrous 6650 yuan / ton. The real goods in central China are stable, and there is little pressure on shippers. Today's Henan market reference price: superior price 5900-5950 yuan / ton, anhydrous price 6600-6650 yuan / ton.

& nbsp;                                     unit: yuan / ton

Future forecast: it is expected that the price of ethanol in China will be stable temporarily in the short term. Coal to ethanol: the carbon Xin plant has been shut down and is expected to restart in mid-May. Yushen plans to overhaul around the 20th of this month, the market demand is poor, and the goods of manufacturers in the region are slow. Fuel ethanol: the factory intends to increase the settlement price, but the main mentality is stable and the market price is stable. In terms of anhydrous ethanol: the supply in Northeast China and Henan is tight, the mentality of the consignors is strong, and the procurement of terminal downstream operators is stable. Edible ethanol: local factories increase, the overall delivery of goods is OK, supply-side reduction brings confidence boost to the market, the price-raising mentality of the consignor is strong, and the terminal downstream operators mostly hold a wait-and-see mentality.