On August 9, the general ethanol price index was 5,874.5, down 3 from the previous working day and 0.05% month-on-month.
Today, the domestic ethanol market is weak and downward. Hot spots on August 9:1. The Northeast region is stable and small. 2. South China is weak and downward. 3. Central China is organized in a narrow manner. 4. The domestic ethyl acetate market price is weak, the consumption rate of terminal downstream enterprises is average, and spot buying is not strong.
Specifically speaking, the Northeast region has experienced great stability and small movements, major factories in the region have stabilized prices, 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. South China is weak and downward, with downstream terminal inquiries and purchasing intentions weak, and the wait-and-see mood on the market is strong. Guangxi reference price: The reference price for cassava without water is 6700 yuan/ton, which is 100 yuan/ton lower than the previous working day. 95% of cassava refers to 6,000 - 6,100 yuan/ton, and the low-end price is lowered by 100 yuan/ton compared with the previous working day. 95% of molasses is referenced to 6,200 - 6,250 yuan/ton, which is 250 yuan/ton lower than the previous working day. Central China has organized a narrow range, with more downstream terminals buying on demand. New orders are not good, and premium prices have been slightly lowered. Henan reference price: premium reference price is 5,850 - 5,900 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. No water reference is 6650 yuan/ton.
Outlook forecast: It is expected that the domestic ethanol market will stabilize slightly in the short term. In terms of edible ethanol: While stable, prices are mainly stable in Northeast China and East China. The production costs of alcohol companies in Northeast China are under pressure. The on-site demand side is just in need of replenishment, and the focus of cargo holders is stable. 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 the sentiment of shippers is strong.
Raw materials:Corn market prices are stable and weak. Some deep-processing enterprises in Northeast China have stopped harvesting one after another. The market has a strong bearish sentiment, and traders 'enthusiasm for shipping 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:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight prices remain stable.
