On August 2, the general ethanol price index was 5,874.5, maintaining stability.
Today, the domestic ethanol market has stabilized and moved slightly. Highlights on August 2:1. Maintain stability and operation in Northeast China. 2. The market in East China is operating weakly and steadily. 3. Central China is running steadily. 4. The domestic market price of ethyl acetate has been reduced within a narrow range. Major factories in Shandong have competitive sales, and the starting price is stable, and the wait-and-see mood on the market is strong.
Specifically, the Northeast region is operating stably, market prices are deadlocked, and the trading atmosphere on the floor is dull. 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: general price 5,500 - 5,550 yuan/ton, waterless price 6,100 - 6,200 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. The East China market is operating weakly and steadily, the demand side continues to be weak, and the northern Jiangsu region is consolidating within a narrow range. Today's reference price in northern Jiangsu: general reference price is 5950 yuan/ton, anhydrous ginseng is 6,570 - 6,670 yuan/ton including tax, which is 30 yuan/ton lower than the previous working day. Reference price in southern Jiangsu: general reference price 6,050 - 6,300 yuan/ton. Reference price in Anhui: general reference price 6100-6200 yuan/ton. Reference price in Shandong region: reference for general grade wheat is 5,800 - 5,830 yuan/ton. Central China is running steadily, with average vehicles in front of the factory, and downstream operators just need to purchase and enter the market. Henan reference price: premium reference is 5850 yuan/ton, waterless reference is 6,600 - 6,650 yuan/ton.
Aftermarket forecast: The domestic ethanol market is expected to operate weakly and stably in the short term. In terms of edible ethanol: Stability is weak, and the demand side remains weak. All factories have entered into maintenance or reduced production, mainly stabilizing inventory and spot consumption. Coal-to-ethanol: Maintain weak and stable operation. In terms of absolute ethanol: The downstream of the terminal needs to be replenished, and we must enter the market cautiously. Fuel ethanol: The weakness is difficult to change. Local refining prices continue to decline. When prices weaken, factory prices will be forced to follow suit.
Raw materials:Corn market prices are stabilizing, traders are still enthusiastic about shipping, terminal downstream demand is weak, and on-site goods are not large. 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:Huaxing, Mengzhou, Henan Province, was suspended for maintenance; Line 4 in Fukang in Meihekou was suspended; Ruiyang, Chifeng, Inner Mongolia, was shut down, and the Hongzhan Bayan factory was shut down for maintenance; Wanli Runda, Heilongjiang, was put into operation on the entire line, with an expected increase in supply; Jilin Xintianlong was shut down for maintenance, and SDIC Helen is expected to be overhauled this week.
Requirements:whiteIn the off-season of wine procurement, downstream chemical industries replenish warehouses on demand.
Logistics:Freight rates have gradually stabilized.
