The domestic ethanol market continued to rise. According to the monitoring of business agency, the price of domestic ethanol market on June 15 was 5762 yuan / ton, and the price of domestic ethanol on June 25 was 5925 yuan / ton, with a price increase of 2.82% in 10 days, breaking the long calm situation. The price rose 3.04% month on month and 10.34% year on year.
| EDTA |
Affected by the high turnover rate and high premium rate of four consecutive auctions of temporary storage corn, the current corn spot market continues to maintain a stable, moderate and strong situation, thus the corn ethanol market price continues to rise. The ethanol market in various regions has increased to varying degrees. The inventory status in some regions and the operation rate of enterprises’ devices are relatively low, which will still pull the market up to a certain extent in the future.
Logistics: the current freight fluctuation is not big. This week, the freight between Daqing in Heilongjiang Province and Zibo in Shandong Province is 280-310 yuan / ton. 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 (with fluctuation).
In terms of raw materials, corn: the fifth auction of temporary storage corn was held on June 24. As of 15:00 p.m. on that day, the price of this round of auction dropped, and the premium range also decreased, with a transaction rate of 100%. This auction is not only temporary for grain storage auction, but also 1.9 million tons of China grain storage. The supply has increased. Impact on the ethanol industry: the price of raw material corn fell, but the range was not large. The cost of ethanol production enterprises remained high. In the short term, the cost was high, the inventory was low, and the ethanol market remained high.
| Melamine |
Ethyl acetate: the domestic market for ethyl acetate rose sharply. The raw material ethanol rose sharply, which supported the cost of ethyl acetate, and ethyl acetate itself had no profit space, so the production enterprises followed the raw material range passively. For the lower reaches of the Dragon Boat Festival, there is a small amount of stock up, which is good for supporting both in cost and demand.
In the future, the price of raw materials will continue to be high in the short term, supported by less supply. The inventory of large factories in Northeast China will remain low with more orders. The price of enterprise quotation will remain high in the short term. In July, there will be a round inspection of large factories, and the price will remain strong in the short term. Business alcohol analysts expect domestic ethanol market prices to remain high in the short term.
| EDTA 2Na |