On November 18, the general ethanol price index was 5444.8, maintaining stability.
Today, China's ethanol market is stable and moving slightly. Hot spots on November 18:1. Stabilizing prices in Northeast China is the main focus. 2. Narrogantly organized in East China. 3. Central China is running steadily. 4. The market price of ethyl acetate in China is operating weakly and steadily. The main factories in Shandong are bidding for sales, and the starting price has stabilized. The transaction atmosphere is poor. After downstream replenishment, they are gradually delisted.
Specifically, prices are mainly stable in the Northeast region, and the trading atmosphere on the floor is good. Today's reference price in Jilin: the price of general-grade corn ethanol is 5,250 - 5,600 yuan/ton, and the price of anhydrous corn ethanol is 5,800 - 6,100 yuan/ton. Heilongjiang reference price: general price 5,050 - 5,100 yuan/ton. Jinzhou general reference price is 5600 yuan/ton. East China has a narrow range, with on-site shipments slow. Reference price in northern Jiangsu: The general price is 5450 yuan/ton. The reference price for anhydrous water is 6,100 - 6,250 yuan/ton. Anhui reference price: general price 5,500 - 5,600 yuan/ton. The waterless price is 6,150 - 6,500 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. Reference price in southern Jiangsu: The general price is 5,600 - 5,750 yuan/ton, which is 50 yuan/ton lower than the previous working day. Shandong reference price: The excellent reference price is 5,500 - 5,700 yuan/ton, and the low-end price is reduced by 50 yuan/ton compared with the previous working day. The reference price of cassava waterless is 6,300 - 6,350 yuan/ton. Central China is operating weakly and stably, and cost support is weak. Today's reference price in Henan: 5400 yuan/ton for excellent grade, and 6200 yuan/ton for absolute ethanol.
Aftermarket outlook forecast: It is expected that China's ethanol market will be consolidated within a narrow range in the short term. In terms of edible ethanol: There is a lot of stability and small changes. Terminal downstream operators continue to need to purchase and enter the market, and the demand side has not seen a significant improvement; East China has organized a narrow range, the inquiry atmosphere on the site is still good, and goods in some areas have been slow. In terms of anhydrous ethanol: Operation is stabilizing, on-site spot supply is tight, downstream operators buy on demand, and on-site shipments are acceptable. In terms of fuel ethanol: The price of local refiners continues to rise. In addition, there is not much pressure on on-site inventories. The shareholders have obvious intentions to support the price. The market price of fuel ethanol has increased widely.
Raw materials:Corn market prices are running steadily; Northeast China is running weakly and steadily. Affected by the weather on weekends, corn storage has become more difficult, which has increased the enthusiasm of farmers to sell grain, and the purchase prices of deep-processing companies have dropped; North China has had more rainy weather in recent days, and there is not much volume at the grassroots level. Traders 'quotations have increased slightly; today's futures market consolidation has given some support to the market mentality.DDGS market prices are stable and consolidated, the market wait-and-see sentiment remains unchanged, and the market lacks support from other positive factors in the short term.
Supply:Northeast region: Meihekou Fukang Lines 2 and 3 are normal, and Line 4 is expected to restart in the middle of the year; Wanli Runda and SDIC Tieling are 80% loaded; Liaoyuan Jufeng has been shut down for a long time; SDIC Jidong is operating stably after restarting. Central China: One line of Huaxing plant in Mengzhou, Henan Province is operating; South China: Guangxi Jinyuan is shut down; other plants have no fluctuations.
Requirements:whiteDemand for wine has improved slightly, and downstream chemical companies just need to replenish their warehouses.
Logistics:Freight increased slightly.
