On August 23, the general ethanol price index was 5822, maintaining stability.
Today, China's ethanol market is running steadily. Hot spots on August 23:1. Stabilizing prices in Northeast China is the main focus. 2. East China is running steadily. 3. Maintain stability in central China. 4. The market price of ethyl acetate in China has been increased within a narrow range. Major factories in Shandong have bid for sales, and the starting price has increased, and market transactions are still acceptable.
Specifically, prices in the Northeast region are mainly stable, and on-site trading is flat. Fukang's third line is scheduled to shut down this week. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,600 - 5,650 yuan/ton, and the price of anhydrous corn ethanol is 6,300 - 6,550 yuan/ton. Heilongjiang reference price: general price 5,350 - 5,500 yuan/ton, waterless price 6,100 - 6,200 yuan/ton. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. East China is operating steadily, with terminal downstream demand performing generally, and the inquiry atmosphere is light. Reference price in northern Jiangsu: the general price is 5900 yuan/ton, and the waterless reference price is 6,500 - 6,600 yuan/ton. Anhui reference price: general price 5,850 - 5,900 yuan/ton, waterless price 6650 yuan/ton. Reference price in southern Jiangsu: general price is 6000 yuan/ton. Central China maintains stable operation, insufficient demand support, and the overall trading atmosphere is poor. Henan reference price: premium price 5,850 - 5,900 yuan/ton, waterless price 6650 yuan/ton.
Aftermarket forecast: China's ethanol market is expected to stabilize prices in the short term. In terms of edible ethanol: Stability is weak. Under the influence of high inventories, the shareholders are more interested in shipping, but the trading atmosphere on the floor is dull. In terms of coal-to-ethanol: Market prices are volatile and operating strongly. In terms of anhydrous ethanol: Recently, the supply in waterless fields has been tight, and some cargo holders have intentions to increase prices. In terms of fuel ethanol: weak and stable operation, the factory mainly absorbs early orders, and the on-site supply is high, which leads to restrictions on high-priced orders.
Raw materials:Corn market prices fluctuated within a narrow range, and market prices in Northeast China were consolidated within a narrow range. As market prices gradually fell below storage costs, grain holders 'enthusiasm for shipping declined, and a small number of low-priced transactions were made on the market, but market prices in North China were stable and consolidated. DDGS prices have stabilized, and downstream terminal operators have replenished warehouses on demand. There is a strong wait-and-see attitude on the market, and some holders are still able to deliver goods. The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:One line of Huaxing equipment in Mengzhou, Henan Province is operating; the entire line of Wanli Runda in Heilongjiang has been put into operation, Xintianlong in Jilin Province has returned to normal, SDIC Yushu has been put into operation. This week, there is a plan to stop production of Fukang Line 3 in Meihekou, and there are no significant fluctuations in other equipment.
Requirements:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight prices remain stable.
