Domestic ethanol market growth slowed down. According to the monitoring of the business agency, the domestic ethanol market price was 5975 yuan / ton at the beginning of the week and 6.07 yuan / ton at the weekend, with the price increase of 1.05% during the week, 4.55% higher than the same period last month, and 12.22% higher than that of the same period last year.

This week, the growth of domestic ethanol market slowed down. In the aspect of raw materials, the enterprises consume the stock purchased in the early stage, and the grain in this round of auction has not yet been sent to the enterprise, but the price in the early stage has risen to a high level, the cost level is high, the enterprise orders to deliver goods, the low inventory is favorable for the support, the quotation of large factories is raised, the market price rises to a high level, and the closing price of the port rises to a high level, and the transaction situation of new orders is relatively high Less. The transaction price of some enterprises in Henan is weak. The order volume of some factories is large, and the delivery time is long. The enterprise quotation remains high, and the overall Henan market remains high.

Logistics: at present, freight fluctuation is not big. This week, the freight rates of Baoqing Xinyi in Heilongjiang Province are 320-350 yuan / ton (with fluctuation), 200-250 yuan / ton from Jilin to Shandong Dezhou, 250 yuan / ton from Anhui Nanchang, 500 yuan / ton from Henan to Sichuan, and 220 yuan / ton from Qinzhou, Guangxi to Dongguan.

In terms of raw materials, corn: the price of raw corn remains high, the cost of ethanol production enterprises remains high, the cost of short-term high support, and the ethanol market remains high when the inventory is low.

Ethyl acetate: domestic ethyl acetate profit is still near the cost line this week. The supply of raw materials acetic acid and ethanol continued to rise, which led to the increase of transaction price of ethyl acetate Market. However, ethyl acetate itself had no motivation. Although there was a follow-up, the profit was still passively compressed to the cost line. The growth of raw material ethanol has slowed down recently, but the growth of acetic acid is obvious, and the market demand for ethyl acetate is limited. Although there is a slight increase in the later period, the growth space is limited.

In the future, although the state has intervened in the aspect of raw materials in the short term, due to the influence of the small supply, the prices remain high, and the cost pressure of corn ethanol production enterprises exists. It is difficult to complete the order in the short term, and the inventory remains low. Next week, there will be maintenance for large factories. Ethanol analysts of the business community predict that the domestic ethanol market will maintain a high level of consolidation in the short term.