China’s domestic ethanol market is stable

After the festival, the domestic ethanol market was stable and the performance of each region was slightly different. According to the sample data monitored by the business agency, as of May 8, the domestic ethanol market price was 6620 yuan / ton, with a month on month decrease of 4.23% and a year-on-year increase of 15.13%.

The domestic ethanol market has been reorganized and operated, and the regional ethanol market has been running smoothly. The ethanol market in Northeast, East China and Henan is stable,; The ethanol market in Dongguan was reorganized; Wait and see the ethanol market in Guangxi; In Yunnan, ethanol is weak.

In terms of raw materials, corn prices fluctuated slightly. There is not much surplus grain at the grass-roots level, the North China new wheat harvest is approaching, the speed of grain production by traders has been accelerated, some processing enterprises have sufficient inventory, the enthusiasm for purchasing is not high, and some enterprises raise prices to make up for it. From the demand point of view, the domestic ethyl acetate Market slightly weakened. The overall price of acetic acid on the raw material side fell. The lack of power in the ethyl acetate Market aggravated the bearish attitude of the terminal. There was a shortage of new orders in the market. Some ethyl acetate factories mainly negotiated preferential shipping, and the new orders in the market were concentrated at the low end. Raw material acetic acid price still has downward space, ethyl acetate itself lack of power, market passively follow weak.

Latest price trends of ethanol market in different regions:

Region, category, price

Shandong Province General level 6600 yuan / ton

Sichuan area Corn alcohol About 7500-7600 yuan / ton, including tax

Yunnan Province Molasses alcohol About 6900 yuan / ton

Yunnan Province Cassava alcohol About 6900 yuan / ton

Heilongjiang area General grade of corn alcohol 6350 yuan / ton including tax

Jilin area Ordinary alcohol 6450 yuan / ton including tax

Shandong Province General level 6450-6550 yuan / ton

Shandong Province Superior grade of corn 6750-7400 yuan / ton

Shandong Province Corn without water 7300-7400 yuan / ton

Southern Jiangsu General level 6650-6700 yuan / ton

Northern Jiangsu General level 6450-6500 yuan / ton

Anhui Province Cassava general grade 6600-6700 yuan / ton including tax

Anhui Province anhydrous 7600-7700 yuan / ton including tax

Guangxi region Honey alcohol About 7100-7200 yuan / ton

Guangxi region Cassava alcohol 6600-6700 yuan / ton including tax

Guangxi region Anhydrous ethanol 7400-7500 yuan / ton including tax

Guangdong area Cassava alcohol 6650-6750 yuan / ton including tax

Guangdong area Anhydrous cassava ethanol 7550-7600 yuan / ton including tax

Henan Province Top grade 6830-6850 yuan / ton, tax included

Henan Province Anhydrous ethanol 7400-7650 yuan / ton including tax

Hebei Province General level 7450-7500 yuan / ton

Hebei Province No water in coal 8100-8150 yuan / ton

The supply and demand of the market is unbalanced, and the price of raw materials is low. Although there are many enterprises overhauling, it is still difficult to boost the ethanol market due to insufficient demand. Business community ethanol analysts expect that in the short term, the domestic ethanol market is mainly weak.

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