On September 29th, the general-grade ethanol price index was 5736.9, down 3% from the previous working day and 0.05% from the previous working day.
Today, the price of ethanol in China is weak and stable. Hot spots on September 29: first, the northeast region is arranged in a narrow range. Second, the East China region tends to operate steadily. Third, the weak and stable operation in central China.
Specifically, the northeast region is arranged in a narrow range, and the performance of the demand side is poor. Today's Jilin reference price: general-grade corn ethanol price 5530-5650 yuan / ton, anhydrous price 6200-6400 yuan / ton; superior price 5750-6050 yuan / ton, high-end price down 100 yuan / ton compared with the previous working day. Heilongjiang reference price: general price 5200-5400 yuan / ton. Jinzhou general reference price 5850-5900 yuan / ton. East China tends to operate steadily, the terminal downstream operators have a rigid demand to purchase and enter the market, and the consignors are mainly stable. Northern Jiangsu reference price: general price 5750 yuan / ton, anhydrous reference price 6400-6600 yuan / ton. Anhui reference price: general price 5800-5850 yuan / ton, water-free price 6500-6550 yuan / ton. Southern Jiangsu reference price: general price 5950-6100 yuan / ton. Shandong reference price: general reference price 5500-5600 yuan / ton. The reference price of cassava anhydrous is 6450-6600 yuan / ton. The weak and stable operation in central China is mainly affected by poor demand support and the continuous decline in the price of raw material corn. Today's Henan reference price: excellent reference 5550-5600 yuan / ton, the low-end price is 50 yuan / ton lower than the previous working day. The reference for anhydrous ethanol is 6450 yuan / ton, and the high-end price is 50 yuan / ton lower than that of the previous working day.
Future forecast: China's ethanol market is expected to sort out steadily in the short term. Edible ethanol: it is difficult to find obvious favorable support in the field, the cost side has been loosened and the pre-festival demand is lower than expected, and the market price is weak and stable. Coal to ethanol: maintain interval concussion. Anhydrous ethanol: the anhydrous ethanol market moves steadily, the performance of the demand side is poor, and the shipment is slow. Fuel ethanol: fuel ethanol market prices are stable, affected by the rise in freight before the festival, ground refining prices have been raised narrowly, but the terminal downstream operators have a strong wait-and-see mood.
Raw materials:The overall price of corn market is weak. Regulatory reserve news impact, boost the market mentality, traders quoted prices stopped falling and stabilized, terminal downstream enterprises wait-and-see mood is strong, traders mainly to deliver order contracts. The DDGS price is weak and stable, and the downstream operators are mostly on demand, and the wait-and-see mood is strong. Coupled with the decline in the price of raw material corn in the early stage, to a certain extent, it is bad for the DDGS market price in the later period. The price of dried cassava is weak and stable in the near future, and the cost of cassava alcohol is relatively stable.
Supply:Henan Mengzhou Huaxing plant a line operation, Jilin Xintianlong returned to normal, Guotou Yushu has been fed; Anhui COFCO fuel has been shut down, Guotou Tieling 80% load; Meihekou Fukang Line 4 is normal, other devices have no obvious fluctuations.
Demand:WhiteThe demand for alcohol continues to be weak, and downstream chemical enterprises have a rigid demand for replenishment.
Logistics:The freight has gone up slightly before the holiday.
