On July 17, the general ethanol price index was 5951, maintaining stability.
Today, the domestic ethanol market is partially weakened, while other regions are temporarily stabilizing. Hot spots on July 17:1. Consolidation of the weaknesses in Northeast China. 2. The market in East China is organized within a narrow range. 3. The market in Central China is temporarily operating steadily. 4. The domestic market price of ethyl acetate is weak. Shandong's main factories compete for sales, and the market purchases are cautious and more inventories are digested.
Specifically speaking, the price weakness in the Northeast region has been consolidated. Today, prices in Heilongjiang have been lowered, making demand weak and difficult to change. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,650 - 5,700 yuan/ton, and the price of anhydrous corn ethanol is 6,300 - 6,550 yuan/ton. Heilongjiang reference price: The general price is 5,500 - 5,550 yuan/ton, and the high-end price is reduced by 150 yuan/ton compared with the previous working day. The price of waterless is 6,150 - 6,250 yuan/ton. Jinzhou general reference price is 5,900 - 5,950 yuan/ton. The East China market has been consolidated in a narrow range, and prices in northern Jiangsu have been lowered. The mentality of on-site sellers is under pressure and shipment sentiment is strong. Reference price in Shandong: cassava waterless reference is 6700 yuan/ton, general reference is 5,780 - 5,850 yuan/ton, and the low-end price is reduced by 20 yuan/ton compared with the previous working day. Today's reference price in northern Jiangsu: the general reference price is 5950 yuan/ton, which is 50 yuan/ton lower than the previous working day. Anhydrous ginseng leaves the factory at 6,600 - 6,700 yuan/ton including tax, which is 50 yuan/ton lower than the previous working day. Reference price in southern Jiangsu: general reference price 6100-6300 yuan/ton. Reference price in Anhui: general reference price 6100-6200 yuan/ton. Demand in Central China continues to be weak, vehicle volume has not increased significantly, and market prices are weak and stable. Henan reference price: premium reference is 5850 yuan/ton, waterless reference is 6,650 - 6,700 yuan/ton.
Aftermarket outlook forecast: It is expected that the domestic ethanol market will be weak in the short term. In terms of edible ethanol: The demand side continues to be weak and there is no favorable support. The Heilongjiang factory follows the adjustment of major pricing companies. In terms of coal-to-ethanol: Supply has rebounded, and coal-to-ethanol is expected to decline under the influence of the supply side. In terms of anhydrous ethanol: The weakening market affects waterless shipments on site, and purchases are made on demand at the downstream end of the terminal. In terms of fuel ethanol: The purchase price of local refining continues to be weak, and the main purchase price in the later stage may follow the downward trend.
Raw materials:Corn market prices continue to be weak, and terminal downstream companies maintain on-demand purchases, with light purchases and sales. DDGS prices have temporarily stabilized, and downstream operators in the market terminal 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:Huaxing, Mengzhou, Henan Province, has suspended maintenance; only the fourth line of Fukang in Meihekou has maintained production and is scheduled to be repaired on July 20; Ruiyang, Chifeng, Inner Mongolia, has been shut down; Jilin Xintianlong is expected to be repaired in late July.Heilongjiang Wanli Runda was shut down for maintenance and the maintenance was expected to take 15 days. Hongzhan Bayan factory is expected to be shut down for maintenance in early August
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
