Raw materials are low, demand is weak, and China’s domestic ethanol market continues to be depressed

The price fluctuation of raw corn in the main producing areas is limited, but the price of corn in Henan Province has decreased significantly. The price of corn ethanol market continues to weaken due to weak demand. According to the sample data monitored by the business community, as of August 4, the domestic ethanol market price was 6682 yuan / ton, with a month on month decrease of 3.85% and a year-on-year increase of 8.00%.

Northeast corn ethanol continues to weaken, cassava ethanol slightly follows the adjustment, and molasses ethanol prices are strong. The market transaction performance is light, and the downstream chemical industry purchases on demand. Downstream demand power is insufficient, domestic acetic acid ethyl ester enterprises operating rate slightly improved, Baijiu and other chemical demand is still not high.

In terms of raw materials, the corn market in Jilin fell in a narrow range, the corn price in Henan fell in a narrow range, and the dry cassava price in Thailand was weak, with Thailand fob250-255 US dollars / ton; The price of molasses is strong, and the mainstream transaction price of molasses is more than 1700 yuan / ton. In the downstream, the domestic acetate Market was first depressed and then increased, the market weakened briefly, the downstream operation of ethyl acetate was low, and the demand was relatively weak.

Latest price dynamics of ethanol market in various regions:

Region, category, price

Guangxi region Honey alcohol 7250-7300 yuan / ton

Guangxi region 95% alcohol 6800-7150 yuan / ton

Guangxi region Absolute ethanol 7550-7750 yuan / ton

Guangdong region Cassava alcohol About 7000 yuan / ton

Guangdong region 95% ethanol About 6850-7050 yuan / ton

Guangdong region Anhydrous cassava ethanol About 7650-7850 yuan / ton

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

Yunnan region Molasses alcohol 7100-7150 yuan / ton

Shandong region General level 6350-6450 yuan / ton

Shandong region Superior corn 6900-7100 yuan / ton

Shandong region Corn anhydrous 7300 yuan / ton

Southern Jiangsu General level 6700-6800 yuan / ton

Northern Jiangsu General level 6500 yuan / ton

Anhui region Cassava general About 6600-6650 yuan / ton

Anhui region anhydrous About 7400 yuan / ton

Henan region Superior 6830-6850 yuan / ton, tax included

Henan region Absolute ethanol 7400-7650 yuan / ton, tax included

Hebei region General level 6800-6900 yuan / ton

Hebei region Coal anhydrous 7600-7700 yuan / ton

Heilongjiang Region Corn alcohol general grade 6200 yuan / ton, tax included

Jilin Region Ordinary alcohol 6300 yuan / ton, tax included

The price of cassava is weak, and the price of corn is weak. Weak price consolidation under weak downstream demand. The ethanol analyst of business society expects that in the short term, the domestic ethanol market may still weaken slightly.

POLYVINYL ALCOHOL