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Current trend of ethanol market

time:2023-07-18 16:52:00 ctr:

The recent domestic ethanol market collation operation, according to the sample data monitored by the business community, the domestic ethanol market price at the beginning of the week was 7,000 yuan/ton, the domestic ethanol market price was 6975 yuan/ton, the weekly decline of 0.36%, the price rose 0.72% from the previous month, and the price rose 26.36% year-on-year.

In terms of market conditions in various regions, the market in Northeast China is weak, the market in East China and Shandong is weak, the market in Henan is down, the market in South China and Guangxi is wait-and-see, the market turnover in Dongguan corn is light, the market turnover in Anhui is average, the market in Sichuan is stable, and the market turnover in Yunnan is OK.

From the point of view of raw corn, from the point of view of raw corn, this week, the corn market maintained high volatility, because the market is expected to gap in production and demand, but there are still uncertain factors such as policy regulation, import volume, and new season corn production will affect the volatility of market prices. From the demand point of view, the demand for liquor has ended, the chemical demand for ethyl acetate continues to decline this month, the demand for ethanol continues to decrease, the market is light, and other downstream basically maintain just need to purchase.

Raw material corn prices continue to remain high, corn ethanol under cost pressure will continue to remain low, the winter plant will not shut down, basically maintain orders shipped in the short term, prices remain stable. Business ethanol analysts expect that in the short term, the domestic ethanol market is mainly organized.

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