I. price trend
According to the monitoring data of business agency, as of December 10, the average price of domestic ethanol market was 5530 yuan / ton, 1.28% higher than that of the same period last month, and 1.78% higher than that of the same period last year. The domestic ethanol market continued to rise, and the market in some regions was strong.
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II. Market analysis
Products: in some areas of the ethanol market, the price of the lower inventory of enterprises continues to rise due to the centralized purchase in the lower reaches of Henan Province; in East China, the price of large factories goes up, and the products of popular devices have been produced; in Northeast China, the price of small factories falls slightly due to the limitation of logistics, and the stock of large factories in the centralized port is not high; in South China and Guangxi, the start-up of enterprises is not high, and the price is supported by the favorable supply Upstream.
Industry chain: corn: some areas of the ethanol market are up, Henan Province is subject to centralized procurement in the lower reaches, and the inventory price of enterprises continues to rise; large factories in East China are up, and popular devices have already produced products; small factories in Northeast China are subject to logistics restrictions, and the centralized port inventory of large factories is not high; enterprises in South China and Guangxi are not high in starting work, which is favorable for the supply side Keep up the price.
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Ethyl acetate: the domestic market of ethyl acetate is temporarily stable. After the early replenishment, the downstream market continues to digest the main source of goods, and the new orders in the market are insufficient. The supplier’s inventory is accumulating continuously, and the decline of raw material acetic acid aggravates the downstream wait-and-see mentality, and all parties in the market are weak. In the short term, the stock of each manufacturer keeps accumulating, and the market trend of ethyl acetate is weak in stages.
III. future forecast
Business alcohol analysts predict that in the short term, the domestic ethanol market may be at a high level, and in the long term, it may be weak as supply increases.
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