The domestic ethanol market was high consolidation. Business agency monitoring showed that the domestic ethanol market price was 6212 yuan / ton at the beginning of the week and 6187 yuan / ton at the weekend. The price dropped slightly during the week, down 0.40%. The price rose by 2.27% month on month compared with the same period of last month, and the price increased by 15.01% compared with the same period last year.

This week, the domestic ethanol market is on the run, only Guangxi molasses ethanol is up. From the perspective of raw corn, first of all, the raw corn continues to be at a high level, and large factories in northern China have plans for shutdown and maintenance in succession this week; secondly, although the ethanol production enterprises in Henan have resumed production, their products have not yet entered the market; finally, at present, the downstream rigid demand is dominated, and the downstream demand is insufficient. Recently, the corn ethanol market in Northeast China has been stable. The company has plans to shut down in August. The company is reluctant to sell at low price and the inventory is not high. At present, the raw molasses is scarce, the cost of raw molasses is high, and affected by the surrounding areas, the molasses ethanol market in South China and Guangxi continues to rise this week. At present, there is only one molasses ethanol enterprise producing, and the enterprise’s quotation is rising, and the enterprise’s inventory is limited.

Logistics: at present, freight fluctuation is not big. This week, the freight rates of Heilongjiang Shandong Dezhou are 240 yuan / ton (floating up and down), 250 yuan / ton from Anhui Nanchang, 500 yuan / ton from Henan to Sichuan, and 160-220 yuan / ton from Qinzhou, Guangxi to Dongguan.

In terms of raw materials, corn: the price of corn is stable and weak. The heat of the 11th round of corn auction in Lincang has cooled down, and the transaction price has declined to varying degrees. The rising trend of grain ex warehouse price slowed down in Northeast China, and the purchase price of corn in Beigang was partially adjusted, and the quotation of traders in Southern Sales Area weakened. At present, the policy grain plan starts to put targeted rice to feed enterprises in the near future, which will affect the demand of feed corn in the future. In addition, the pace of temporary storage of corn in superimposed production areas accelerated, and the supply of corn in the market increased.

Ethyl acetate: the domestic ethyl acetate Market rose slightly this week. After the previous oversupply and continuous competition, the ethyl acetate Market was passively in a loss state. Recently, the load of Taixing Jinjiang ethyl acetate plant was reduced to 50%, and the ethyl acetate plant of Shandong jinyimeng was also shut down. The market supply will be reduced, which gradually alleviates the situation of market oversupply. The raw material acetic acid fell continuously last week, which eased the pressure of cost loss of ethyl acetate. After ethanol rose slightly this week, the supplier of ethyl acetate followed the trend and made a small increase in offer, driving the market transaction price higher.

In the future, the price of the 11th temporary storage corn auction fell slightly. At present, the maintenance of enterprises in Northeast China is relatively concentrated, involving a production capacity of 1.2 million tons, and it is possible to increase the maintenance capacity in the future. Enterprises in Henan Province have already produced products, and the supply is increasing. Under the condition of downstream rigid demand procurement, the market is likely to be weak with the increase of supply; the supply of raw material cassava in East China and Shandong is slowing down, and the enterprise may start to adjust. In the short term, the inventory of raw materials will be consumed, and the supply will decrease under the influence of raw materials, and the price may be adjusted. However, if the price in other places is stable, it will be adjusted The range is not big. Business agency ethanol analysts predict that the short-term domestic ethanol market high finishing operation.