On June 21, the general ethanol price index was 5,995.5, up 1.2 from the previous working day and 0.02% month-on-month.
Outlook forecast: It is expected that the domestic ethanol market will stabilize slightly in the short term. In terms of edible ethanol: Inventory consumption in Henan has basically been completed, and attention will be paid to the vehicle situation in the later period. In terms of coal-to-ethanol: The pricing of coal-to-ethanol sources is still high, but the recent increase in vehicles in Northeast China has curbed the coal-to-ethanol transaction premium to a certain extent. In terms of absolute ethanol: Supply in some regions is tight, terminals purchase on demand, and prices remain stable. Fuel ethanol: Prices for factories in Northeast China remained stable, and Shandong's local refining center suffered a slight setback. Inspection was ushered in yesterday, resulting in continued price reductions.
Raw materials:Corn market prices are stable and strong, but the overall range of changes is limited, and traders are most optimistic about prices. DDGS prices have been slightly lowered, and downstream operators in the market have a strong wait-and-see attitude.。The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:Hongzhan Jixian factory was shut down, Anhui Tanxin load increased, and Henan Xinxing equipment was shut down. The Huanan factory was shut down for maintenance and the restart of Fukang Line 2/3 was delayed until the end of the month. Anhui COFCO has switched to eating. Jinyimeng was shut down without water, Chifeng Ruiyang started at half load, and others remained stable.
Requirements:Liquor purchasing off-season, downstream chemical industries replenish warehouses on demand.
Logistics:The number of vehicles in Northeast China has increased, and delivery times have returned to normal
