In June 2020, the market price of ethanol will be higher and higher. According to the monitoring of business agency, the market price of ethanol is 5775 yuan / ton at the beginning of the month, and 5975 yuan / ton at the end of the month, with an increase of 3.46% within the month and an increase of 11.39% compared with the same period last year.
| PVA 1788 (PVA BP17) |
The domestic ethanol market fluctuated upward this month, and the production enterprises remained firm under the influence of the high level of corn upstream. The price of raw corn auction continued to rise to a high level with a large premium. Under the influence of the change of rules and the increase of central reserve, the price of the fifth corn auction fell, with a small drop. The overall price remained high, and the production cost of enterprises increased. Large factories continued to implement export orders and domestic downstream purchase orders this month, and the inventory of large factories remained basically low At the same time, small factories are reluctant to sell raw materials at a high price, so they are limited in delivery.
In terms of logistics, the logistics price is stable this month, with the price of 200 yuan / ton from Jilin to Dezhou, Shandong, 320-350 yuan / ton from Heilongjiang to northern Jiangsu, 230-240 yuan / ton from Henan to Hubei, and 250 yuan / ton from Henan to Anhui. There is little change in shipping price.
In terms of raw materials, corn: the price part of the five temporary storage auctions has been implemented, with high price, high premium and high transaction rate. Ethanol enterprises actively purchase raw materials and deliver them to high prices. The cost of ethanol enterprises is high. The price of Northeast China is maintained high under the support of cost, inventory and orders.
Ethyl acetate: in June, the domestic ethyl acetate Market showed a large continuous upward trend, with an overall increase of 350-400 yuan / ton. At present, the raw material ethanol continues to fluctuate at a high level in the short term, while the downstream demand for ethyl acetate is relatively stable. It is mainly rational to purchase high price ethyl acetate. Under the pressure of short-term cost of ethyl acetate, it will remain high, and we will see whether the raw material side can continue to support in the future.
| PVA |
According to the price monitoring of business agency, in June 2020, there were 40 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, of which 18 commodities increased by more than 5%, accounting for 20% of the total number of commodities monitored in this plate; the top three commodities were hydrogen peroxide (32.19%), ethylene (24.98%) and sulfur (24.05%). There were 43 kinds of commodities with a decrease of more than 5%, accounting for 17.8% of the total number of monitored commodities in the sector; the top three products were butadiene (- 16.51%), chloroform (- 13.04%) and acetic anhydride (- 12.50%). This month, the average rise and fall was 0.97%.
3、 Future forecast
In terms of raw materials, although the state intervenes, the price of corn will remain high under the influence of supply in a short period of time. The production cost of enterprises will be high. The orders of large factories in July will continue to be implemented. Jilin large factories have maintenance plan, but it is a round inspection. Business agency ethanol analysts predict that the domestic ethanol market is mainly narrow.
| POLYVINYL ALCOHOL |