On September 24, the general ethanol price index was 5,748.5, maintaining stability.
Today, the price of ethanol market in China is weak and difficult to change. Hot spots on September 24:1. The Northeast region is organized in a narrow manner. 2. East China is operating weakly and steadily. 3. Central China is running steadily. 4. The market price of ethyl acetate in China continues to rise. Major factories in Shandong bid for sales, and the starting price continues to increase slightly. The supply in the surrounding area is not high, and the transaction atmosphere is positive.
Specifically speaking, the Northeast region has consolidated within a narrow range, and major manufacturers in the region have lowered their offers. Today's reference price in Jilin: The price of general-grade corn ethanol is 5,550 - 5,650 yuan/ton, and the price of anhydrous is 6,250 - 6,400 yuan/ton. Heilongjiang reference price: The general price is 5,300 - 5,400 yuan/ton, which is 100 yuan/ton lower than the previous working day. Jinzhou general reference price is 5,850 - 5,900 yuan/ton. East China is operating weakly and steadily, terminal downstream operators just need to purchase and enter the market, and northern Jiangsu is weak and downward. Reference price in northern Jiangsu: The general price is 5750 yuan/ton, which is 50 yuan/ton lower than the previous working day. The reference price for anhydrous water is 6,400 - 6,600 yuan/ton, which is 50 yuan/ton lower than the previous working day. Anhui reference price: general price 5,800 - 5,850 yuan/ton, waterless price 6,500 - 6,550 yuan/ton. Reference price in southern Jiangsu: general price 5,950 - 6,100 yuan/ton. Shandong reference price: The general reference price is 5,500 - 5,700 yuan/ton, the waterless reference price of cassava is 6,450 - 6,600 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. Central China's operations are stabilizing, and terminal downstream operators remain in need of tender participation. Today's reference price in Henan: premium grade reference is 5,600 - 5,650 yuan/ton, anhydrous ethanol reference is 6450 yuan/ton.
Aftermarket outlook forecast: It is expected that China's ethanol market will be weak in the short term. In terms of edible ethanol: The price of raw corn continues to fall due to the impact of the listing of new grains. In addition, there is no obvious positive support on the demand side. The market prices in the main edible ethanol producing areas are weak, and the Northeast China factory lowered its offer. In terms of coal-to-ethanol: Maintain range fluctuations. In terms of absolute ethanol: The absolute ethanol market has stabilized and moved slightly, with poor performance on the demand side and slow on-site shipments. In terms of fuel ethanol: The market price of fuel ethanol is stable, the goods on the market are stable, and market operators have a strong wait-and-see attitude.
Raw materials:Corn market prices continue to be weak. As the listing of new grains hit the market, the price of old grains fell, the arrival of new grains in front of deep processing increased significantly, and companies continued to purchase at low prices. DDGS prices are stable and consolidated, downstream procurement enthusiasm has weakened, and raw grain corn prices have continued to fall, which has been negative for DDGS prices to a certain extent. The price of dried cassava has remained stable recently, and the cost of cassava alcohol has been relatively stable.
Supply:One line of Huaxing plant in Mengzhou, Henan Province is in operation, Jilin Xintianlong has returned to normal, SDIC Yushu has been put into operation; Anhui COFCO fuel has been shut down, SDIC Tieling has 80% load; Meihekou Fukang Line 4 is normal, and other devices have no significant fluctuations.
Requirements:whiteDemand for wine continues to be weak, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight charges from Northeast China to Shandong increased.
