Focusing on the market consolidation of ethanol

This week, the domestic ethanol market was mainly consolidated. According to the monitoring of the business agency, the domestic ethanol market price at the beginning and the end of the week was 5775 yuan / ton, up 3.36% month on month and 8.15% year on year.

 

PVA 1788 (PVA BP17)

This week, the domestic alcohol market was mainly consolidated. The alcohol market in East China is weak; the alcohol price in Shandong is down; the alcohol market in Henan is weak; the alcohol price in Northeast China is in order; the molasses alcohol market in Guangxi in South China is stable; the alcohol market in Guangdong is down; the market price in Anhui is slightly down; the alcohol market in Sichuan is stable; and the alcohol market in Yunnan is stable. P>

 

Logistics: the logistics price is stable this week. On Thursday this week, the freight of Heilongjiang Daqing Shandong Zibo was 280-310 yuan / ton (floating up and down), Anhui Nanchang 250 yuan / ton (floating up and down), Henan Sichuan 500 yuan / ton, Henan Guangdong 460-520 yuan / ton (floating up and down), Guangxi Qinzhou Guangdong Dongguan 220 yuan / ton (floating up and down).

 

In terms of raw materials, corn: the price of corn is generally stable. Southern feed enterprises mainly wait and see corn purchase mentality. Last year, the southern market was bearish. After the outbreak of the epidemic, the price increased rapidly. When the price was too high, they didn’t plan to build a large number of warehouses. For the mentality of riding the tiger, they mainly used it as they chose. At present, there are many corn purchases and sales in Jilin, the storage capacity level of feed enterprises in the north is not high, and the market demand for high-quality corn is high, but there are more new grains in Jilin at present.

 

PVA

Ethyl acetate: the domestic market of ethyl acetate is weak this week. In summer, the downstream terminal production and purchase are more cautious, the demand for ethyl acetate is reduced, and the purchase of small orders is the main reason, which leads to insufficient transaction in the ethyl acetate Market, stable production of mainstream manufacturers, passive accumulation of inventory quantity, passive price reduction and shipment, and driving the market transaction price down.

 

Large factories in Northeast China order delivery, inventory is not high, raw material corn price remains high, enterprise production pressure is large, in the short term, large factory price keeps stable under favorable factors, small factory shipping mentality has the possibility of weak consolidation. Business alcohol analysts expect short-term market stability or the possibility of a weak decline in some regions.

POLYVINYL ALCOHOL