China’s domestic ethanol market forecast on October 12

After the festival (10.1), the domestic ethanol market continued to rise. According to the sample data monitored by the business agency, the domestic ethanol market price was 6325 yuan / ton on October 9, and 6375 yuan / ton on October 12, with an increase of 0.79% in the three days after the festival, 4.29% on a month on month basis, and 18.06% higher on a year-on-year basis. In terms of enterprises, Henan Jiaozuo Heyang Alcohol Industry Co., Ltd. has a stable annual output of 300000 tons, and the ex factory price of premium alcohol is 6350 yuan / ton, including tax. The cassava alcohol production capacity of Guangxi Jinyuan alcohol Co., Ltd. is 150000 tons / year, and the unit is in normal operation. At present, the external quotation of Guangxi General grade alcohol is up 130 yuan / ton to 6480 yuan / ton, and Dongguan general class is up 130 yuan / ton to 6580 yuan / ton, including tax. In terms of market, as of today (10.12), the domestic ethanol market in East China and Northeast China was up; the ethanol market in Northeast, East China and Shandong was up; the ethanol market in Henan was stable; and the molasses ethanol market in Guangxi was stable.

 

Quotation of 95% ethanol of some Shandong ethanol production enterprises:

 

Enterprise price (yuan / ton) device dynamics

Shandong Yusheng / 50000 T / a cassava alcohol plant shut down

Shandong Wudi Runsheng / 50000 T / a cassava alcohol plant shut down

Shandong fulichun 6400 cassava ethanol plant is normal

Shandong Chengguang general 6500/

Shandong Chengguang no water 7150/

Under the influence of high raw materials and few spot prices in the market, it is possible to rise. However, due to the current high price, the lower reaches have higher resistance to high prices, and the rising trend will not be too big. Business agency ethanol analysts predict that this week’s domestic ethanol market high volatility.

PVA