On June 3rd, the general-grade ethanol price index was 5994.3, up 10% from the previous working day and 0.17% from the previous working day.
Today, China's ethanol market has different ups and downs, terminal downstream operators rigid demand to participate in the bid. June 3 hot spots: first, the northeast market narrowly downgraded. Second, the market price in East China is arranged in a narrow range. Third, the market price in South China has been adjusted slightly. Fourth, market prices in central China have increased slightly. Fifth, the market price of ethyl acetate in China is temporarily stable, the main factories in Shandong are bidding for sale, the starting price is stable, the market demand is rigid, and the purchase is insipid.
Specifically, the market price in the northeast region is narrowly reduced, and the factory implements more pre-order contracts. Today's Jilin reference price: general corn ethanol price 5700-5750 yuan / ton, anhydrous price 6300-6700 yuan / ton, 50 yuan / ton lower than the previous working day. Heilongjiang reference price: general price 5580-5700 yuan / ton. Market prices in East China have been sorted out in a narrow range, while those in Anhui have been raised by a narrow range today. Today's Subei reference price: general reference 5950-6000 / ton, anhydrous reference 6600-6750 yuan / ton including tax. Southern Jiangsu reference price: general reference 6050-6300 yuan / ton, the low-end price is 50 yuan / ton lower than the previous working day. Anhui regional reference price: general reference 6150-6200 yuan / ton, 50 yuan / ton higher than the previous working day. With the narrow arrangement in South China, the enthusiasm of terminal downstream operators to enter the market is not high, and the trading atmosphere is not good. Today's Guangxi reference price: cassava anhydrous price 7000-7050 yuan / ton, general grade 6100-6350 yuan / ton. The low-end price is 150 yuan / ton lower than the previous working day, and the high-end price is 50 yuan / ton higher than the previous working day. Guangdong reference price: the waterless price of cassava is 6400-6500 yuan / ton, the low-end price is 100 yuan / ton lower than the previous working day, and the high-end price is 50 yuan / ton lower than the previous working day. Cassava general grade: 6400-6400 yuan / ton, 59 yuan / ton lower than the previous working day. Dongguan reference price: general 6450-6500 yuan / ton, the low-end price is 50 yuan / ton higher than the previous working day, and the high-end price is 50 yuan / ton lower than the previous working day. The market price in central China has increased slightly, the market demand has improved, and the goods have been shipped well. Today's Henan reference price: superior price reference 5930-5950 yuan / ton, anhydrous price reference 6700-6750 yuan / ton, all increased by 100 yuan / ton compared with the previous working day.
Future forecast: China's ethanol market is expected to move steadily in the short term. Edible ethanol: Henan continuous upward adjustment, other areas wait and see mainly, the follow-up still need to pay attention to the signing situation. Coal ethanol: the supply in the field is tight, pay attention to the shipment of carbon Xin. Anhydrous ethanol: the spot in northern Jiangsu is less, the anhydrous price is arranged in a narrow range, and the goods are shipped at a stable price in other areas.
Raw materials: the overall stability of the corn market, sales area downstream demand is not good, the transaction is not much. The price of DDGS was adjusted steadily, and the price of GGDS in individual alcohol factories was reduced. In the near future, the price of dried cassava remains stable, the cost of cassava alcohol is relatively stable, and the competitiveness of enterprises is weakened.
Supply: Jixian device is completely stopped, and then the line is changed for maintenance; Yanchang Yushen device has been shut down. The No. 28 Guotou Jidong fuel line has stopped feeding; the fuel line of the Hongzhan Laha plant has been restored. Anhui carbon Xin has been restarted, waiting to recover. Hebei Shulang shutdown, Jixian fuel line shutdown, Zhaodong Cofco has been restarted, others remain stable.
Demand: downstream chemical rigid demand procurement, liquor demand continues to be weak.
Logistics: freight rates have risen slightly recently.
Remarks: all estimated downtime and production capacity are subject to the specific downtime of the factory.
