On August 7, the general ethanol price index was 5,877.5, maintaining stability.
Today, the domestic ethanol market is stabilizing. Highlights on August 7:1. Maintain stability and operation in Northeast China. 2. The market in East China is running steadily. 3. Maintain stability in central China. 4. The domestic market price of ethyl acetate is operating weakly and steadily. Major factories in Shandong are bidding for sales, but the starting price has dropped, and the market transaction atmosphere is general.
Specifically, the Northeast region is operating stably, the prices of major factories in the region are stabilizing, and the trading atmosphere on the market 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 running steadily, and terminal companies just need to participate in bidding, and supplier shipments are average. Today's reference price in northern Jiangsu: general reference price is 5950 yuan/ton, anhydrous ginseng is 6,550 - 6,650 yuan/ton, including tax. 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 5,850 - 5,850 yuan/ton. Central China maintains stable operation, with most downstream terminals purchasing on demand, and goods from factories are delivered smoothly. Henan reference price: premium reference price is 5900 yuan/ton. No water reference is 6650 yuan/ton.
Aftermarket forecast: It is expected that the domestic ethanol market will stabilize in the short term. In terms of edible ethanol: Although stable, the inventory of large factories in Northeast China is still good, and the situation of supply exceeding demand still exists. In terms of coal-to-ethanol: Market prices are deadlocked and stable. In terms of absolute ethanol: The downstream demand side of the terminal continues to be sluggish, and the wait-and-see mood in the market is strong. In terms of fuel ethanol: The weak atmosphere in the market still exists, the receiving prices of local refineries have declined, and demand has continued to be weak.
Raw materials:Corn market prices are stable and weak. Some deep-processing enterprises in Northeast China have successively stopped harvesting, exacerbating market bearish sentiment. Traders 'enthusiasm for shipment has further increased. However, it is difficult to increase the enthusiasm for downstream terminal procurement, and corn market prices continue to be under pressure downward. DDGS prices are stable and weak, demand in the downstream market is poor, and wait-and-see sentiment in the market is strong. 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; Fukang Line 4 in Meihekou was suspended; Ruiyang, Chifeng, Inner Mongolia, was shut down, and the Hongzhan Bayan factory was shut down for maintenance; Jilin Xintianlong was shut down for maintenance; Heilongjiang Wanli Runda was put into operation across the board, with an expected increase in supply.
Requirements:Demand for liquor continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight rates have gradually stabilized.
