The price of ethanol in May has a narrow correction

According to the sample data monitored by the business community, the domestic ethanol market price was 6637 yuan / ton on May 1, and the domestic butadiene market price was 6787 yuan / ton on May 31, with an increase of 2.26% and a year-on-year increase of 17.53%.

The market of ethanol in Northeast China is up, the market of ethanol in East China is up, the market of ethanol in Henan is down, the market of molasses in South China and Guangxi is up, the market of ethanol in Dongguan is strong, the market of ethanol in Anhui is up, and the market of ethanol in Sichuan is up, The price of ethanol market in Yunnan is weak.

From the perspective of raw material corn, the raw material corn market rose mainly this month, the grass-roots surplus in the northern production areas basically bottomed out, the purchase volume of grain enterprises decreased significantly, and the bullish sentiment of corn market increased, which led to the rise of corn prices. In terms of demand, the domestic ethyl acetate market fell first and then rose in May. In the early stage, the market price was on the high side, which led to the downstream’s resistance to the purchase of ethyl acetate, the insufficient transaction of new orders in the market, and the overall support of raw materials was limited. All aspects of the ethyl acetate Market tended to be bad, and the market was passive and continued to go down one after another, and the weakness lasted until after the middle of the month.

Logistics prices rose slightly this month, and vehicles from northeast to Shandong and East China are hard to find. By the end of the month, the price of shipping from Jilin to Shandong is 300-320 yuan / ton, and from Heilongjiang to northern Jiangsu is 400-450 yuan / ton, with little change in shipping price.

Latest price trends of ethanol market in different regions:

Region, category, price

Henan Province Top grade 6830-6850 yuan / ton, tax included

Henan Province Anhydrous ethanol 7400-7650 yuan / ton including tax

Hebei Province General level 6900-6950 yuan / ton

Hebei Province No water in coal 7600-7700 yuan / ton

Heilongjiang area General grade of corn alcohol 6350 yuan / ton including tax

Jilin area Ordinary alcohol 6450 yuan / ton including tax

Guangxi region Honey alcohol 7150-7300 yuan / ton

Guangxi region 95% alcohol 7150-7300 yuan / ton

Guangxi region Anhydrous ethanol 7650-7900 yuan / ton

Guangdong area Cassava alcohol About 7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7850 yuan / ton

Shandong Province General level 6650-6700 yuan / ton

Shandong Province Superior grade of corn 6800-7400 yuan / ton

Shandong Province Corn without water 7450-7500 yuan / ton

Southern Jiangsu General level 6950-7000 yuan / ton

Northern Jiangsu General level 6450-6500 yuan / ton

Anhui Province Cassava general grade About 6800-6850 yuan / ton

Anhui Province anhydrous About 7600-7650 yuan / ton

Sichuan area Corn alcohol About 7400-7500 yuan / ton, including tax

Yunnan Province Molasses alcohol 6800 yuan / ton

Yunnan Province Cassava alcohol About 6900 yuan / ton

The price of corn fluctuated. In June, the northeast Jilin large factory had a start-up plan, and the Heilongjiang small factory continued to shut down. The fuel output of the large factory increased. In the short term, the price was strong under the support of cost. Business community ethanol analysts expect that the domestic ethanol market volatility finishing.

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