[comment] This week, the domestic ethanol prices steady, from 5182 yuan / ton at the beginning of the week, fell to 5168 yuan / ton at the weekend, fell 0.28%, down 12.46%.

Market analysis:

This week, the market price of ethanol roughly steady, some manufacturers prices slightly adjusted. In January 29th, Tangshan City Jidong solvent Co., ethanol prices, ethanol consumption price down 100 yuan / ton, 5400 yuan / ton factory tax; ethanol prices unchanged at 6100 yuan / ton.

In January 29th, Shandong alcohol market consolidation, wheat alcohol stable mainstream discussion to about 5100-5300 yuan / ton; ordinary cassava ethanol price mainstream negotiate the price 5050 yuan / ton with tax, high corn alcohol mainstream discussion to 5200-5400 yuan / ton tax years ago, market volatility is not the intention, the downstream demand is acceptable. Jilin market volatility is not ordinary ethanol, corn ethanol mainstream price 5000-5100 yuan / ton tax, high corn ethanol mainstream price 5150-5300 yuan / ton tax, ethanol mainstream price at 5700-6000 yuan / ton, the downstream demand support Co., industry mentality watching. Cassava alcohol market in Northern Jiangsu area within a narrow range, ordinary tax offer in 4830-4850 yuan / ton tax, high alcohol in 4850-5100 yuan / ton tax, ethanol mainstream price 5500-5600 yuan / ton tax, wine enterprises shipped, stable downstream demand. South of Jiangsu cassava ethanol finishing a narrow market, ordinary alcohol mainstream negotiate prices in 4850-4900 yuan / ton with tax, ethanol mainstream price to 5700 yuan / ton tax from mentioning the role of multi negative factors, the actual transaction price is slightly lower, industry mentality is poor.

In January 27th, CBOT Chicago futures exchange futures prices of ethanol, 1508 ethanol product contract price of $1.416 a gallon, up $0.016 a gallon over the previous day, or 1.14%.

Market forecast:

At this stage, the price of ethanol being steady, sales in general. According to the current market situation, just to be stable, years ago, there will be no significant change. Department of manufacturers started production, enterprises do not leave inventory, sales price stability. Lower this week with the volume, wine prices go flat goods. Although the State Reserve corn upstream policy boost, but in a lot of negative pressure, domestic corn before the Spring Festival jade rice market prices will remain weak consolidation situation. This has not formed certain cost effective support for ethanol. The ethyl acetate industry downstream up weak, short-term market is still in a stalemate of ethyl collection, regional demand or not , but remained stable. Next week is expected ethanol prices still remained steady, the price between 4900-5800 yuan / ton.