May 23 China’s domestic ethanol market mixed

First, the price trend

According to business news monitoring data, as of May 23, the average price of domestic ethanol market reported 5220 yuan/ton, the domestic ethanol market between the regions mixed.

II. Market Analysis Products: The domestic alcohol market is mixed. Northeast Jilin Corn Ethanol market finishing, downstream procurement flat, but the low season of liquor influence, the factory still appears a certain shipment pressure; Shandong region alcohol market continued to pull up, Guanxian new Rui at the end of one months of downtime, the current accumulation of inventory waiting for downtime, price rise, cassava alcohol also appeared to rise; downstream demand in east China is difficult to improve,

Thiourea

Market transaction performance is weak; the willingness of enterprises in South China to pull up is obvious, high-end prices have gone up, downstream to maintain the status of just needed. Industrial chain: Corn: 55 Month inventory continued to decline, the annual corn planting area and production continued to decline, resulting in corn trading enterprises reluctant, imported maize increased and gradually arrived in Hong Kong, pro-storage corn will be launched on 23rd and other major factors between the game will directly affect the trend of the corn market. Ethyl acetate: Domestic ethyl Acetate market rebound, some export sources concentrated in the recent export, the domestic inventory of ethyl acetate society gradually declined, to some production enterprises to explore confidence, raw materials on the small exploration of acetic acid, ethyl acetate cost surface pressure is greater, some areas of the real single slightly followed up.

Short-term domestic social inventory of ethyl acetate has been reduced, the market is relatively optimistic, some production enterprises have the intention to increase, and raw acid cost surface support is obvious, ethyl acetate market in the short term stable still has a small rise.

Thiourea dioxide

Third, the forecast of the aftermarket Northeast PU Alcohol has a small decline in the trend, downstream more consumption of the pre-inventory situation, the expected short-term market to maintain collation, the market waiting for raw corn tender prices, the downstream demand for short-term difficult has improved, expected short-term market weakness collation, South China downstream basic maintenance just need to buy, corporate quotation stability, The short-term market is expected to remain organized. Business Society ethanol analysts expect the short-term domestic ethanol market weak collation.