On June 24, the general ethanol price index was 5,998.5, an increase of 3 from the previous working day and a month-on-month increase of 0.05%.
Today, domestic ethanol prices are mainly high. Hot topics for June 24:1. Maintain market stability in Northeast China. 2. Market prices in East China increased slightly. 3. Market prices in Central China increased within a narrow range. 4. The domestic market price of ethyl acetate is declining. Major factories in Shandong are bidding for sales, and the starting price is lowered. Terminal downstream operators are mainly in need of purchasing.
Specifically, the overall stability of the Northeast region is maintained, and cost support still exists. Today's reference price in Jilin: the price of general-grade corn ethanol is 5,700 - 5,750 yuan/ton, and the waterless price is 6,350 - 6,600 yuan/ton. Heilongjiang reference price: general-grade price is 5,530 - 5,700 yuan/ton, and the waterless price is 6,150 - 6,250 yuan/ton. The southern Jiangsu market in East China rose, with low-end prices rising slightly, and downstream purchasing stable. Today's reference price in Shandong: waterless cassava reference 6700 yuan/ton, general cassava reference 6000 yuan/ton. The excellent reference price is 6,700 - 6,700 yuan/ton. Today's reference price in northern Jiangsu: general reference price is 6,000 - 6,000 yuan/ton, waterless reference price is 6,700 - 6,800 yuan/ton, including tax. Reference price in southern Jiangsu: The general reference price is 6,100 - 6,300 yuan/ton, and the low-end price is increased by 50 yuan/ton compared with the previous working day. Reference price in Anhui: general reference price 6150-6200 yuan/ton. Central China has a narrow range of increases, and vehicles in front of the factory queue to pick up goods. Henan reference price: premium reference price is 6,000 - 6,000 yuan/ton, and the low-end price is increased by 50 yuan/ton compared with the previous working day.
Outlook forecast: It is expected that the domestic ethanol market will stabilize slightly in the short term. In terms of edible ethanol: Vehicles lined up in front of factories in Henan to pick up goods, coupled with a slight reduction in supply from some factories, stimulating prices to rise. In terms of coal-to-ethanol: The supply in coal-processing plants is tight. In terms of absolute ethanol: Supply in some regions is tight, terminals purchase on demand, and there is room for price growth. Fuel ethanol: Prices for factories in Northeast China have remained stable, and the focus of Shandong's local refining industry has suffered a slight setback. Inspection was ushered in last week, 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 are stable and weak, and downstream operators in the market terminal 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:There are still many Sichuan and local vehicles in Henan, and freight prices have dropped.
