China’s domestic ethanol market is weak

Corn prices continued to decline. Under the pressure of continuous supply of feed wheat, continuous input of import auction, shutdown of deep processing and decline of feed demand on a month on month basis, the overall atmosphere of short-term corn market is still weak, and the cost is low, and the domestic ethanol market is running. According to the sample data monitored by the business agency, as of July 12, the domestic ethanol market price was 6887 yuan / ton, with a month on month drop of 0.54% and a year-on-year rise of 14.55%.

PVA

The domestic ethanol market is weak. In Northeast China, the ethanol industry is in a weak position, and the small factories are in a positive attitude; The price of East China and Shandong is stable, and the quotation of enterprises is stable; The price of ethanol in Anhui Province is down, and the price of enterprises is low; In Henan Province, the price of ethanol has little change; The quotation of ethanol in Dongguan port in South China is weak, and the market transaction is light; The price of ethanol in Zhanjiang is low, and the downstream is purchased on demand; The price in Guangxi is high, the quotation of enterprises is stable, and the downstream demand is insufficient.

In terms of raw materials, the overall trend of corn prices in July is more obvious. However, the current government level is determined to reduce the price of corn, which will still exert pressure on the price of corn. In the downstream, the domestic ethyl acetate Market is slightly weak. In the early stage, the market price continued the periodic downward trend, and the price of raw material acetic acid fell sharply, the power of ethyl acetate itself was insufficient, the demand side and cost were both bad, and the market was passive and weak in stages.

Latest price trends of ethanol market in different regions:

Region, category, price

Shandong Province General level 6660-6700 yuan / ton

Shandong Province Superior grade of corn 6900-7500 yuan / ton

Shandong Province Corn without water 7500 yuan / ton

Southern Jiangsu General level 7000-7050 yuan / ton

Northern Jiangsu General level 6450-6500 yuan / ton

Anhui Province Cassava general grade About 6800 yuan / ton

Anhui Province anhydrous About 7600-7650 yuan / ton

Guangxi region Honey alcohol 7300 yuan / ton

Guangxi region 95% alcohol 6850-7150 yuan / ton

Guangxi region Anhydrous ethanol 7600-7800 yuan / ton

Guangdong area Cassava alcohol About 7150 yuan / ton

Guangdong area 95% ethanol About 6950-7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7900 yuan / ton

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

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

Hebei Province General level 6900-6950 yuan / ton

Hebei Province No water in coal 7600-7700 yuan / ton

Sichuan area Corn alcohol About 7550-7650 yuan / ton, including tax

Yunnan Province Molasses alcohol 6950-7100 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

The price of dry cassava is weak, while the price of corn is weak. The price is weak under the weak downstream demand. Business community ethanol analysts expect that in the short term, the domestic ethanol market is still slightly weak.

http://www.pva-china.net

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