October 25th Ethanol Industry Chain Intelligence

On October 25th, the ethanol industry chain index was 85.71

On October 25th, the ethanol industry chain index was 85.71, a decrease of 0.08 points from yesterday, a decrease of 27.87% from the highest point of 118.83 points during the cycle (May 15th, 2022), and an increase of 19.44% from the lowest point of 71.76 points on July 25th, 2016. (Note: Cycle refers to the present)

The Industry Chain Index is a fixed index created by Business Society based on the commodity industry chain and its various node commodity indices to reflect the overall prosperity of the industry chain.

2. Business Society: The ethanol market fluctuated narrowly. According to the Business Society's commodity market analysis system, from October 21 to 25, the domestic ethanol price first rose and then fell to 5537 yuan/ton, with a price fluctuation of 0.23% during the cycle and a year-on-year decline of 20.57%. The domestic ethanol market prices have remained stable with small fluctuations, while the supply of raw material corn has been loose, resulting in a slight decline in prices. Downstream restocking in some regions has been slightly active, with factory shipments improving and industry sentiment rebounding. (Ethanol details)

3. Business Society: On October 25th, some domestic ethanol manufacturers' prices remained stable. The 300000 tons/year ethanol plant in Hanyong, Henan is operating normally, with a premium price of 5350 yuan/ton and an anhydrous price of 6400 yuan/ton, including tax, before leaving the factory. (Ethanol details)

4. Business Society: On October 25th, the ethanol market in Henan and Hebei regions fell. On October 11th, the ethanol market price in Henan was lowered. Currently, the reference price for premium grade is 5400-5450 yuan/ton, and the reference price for anhydrous grade is 6300-6350 yuan/ton. (Ethanol details)

5. Business Society: On October 25th, the demand for ethanol in the southwest region was average, and the offer for corn grade ethanol in the Sichuan region was lowered by about 50 yuan/ton, indicating average demand. The market price reference is 5600-5850 yuan/ton. (Ethanol details)

6. Business Society: October 24th LME basic metal inventory statistics London Metal Exchange (LME) non-ferrous metal inventory and changes are as follows: 1. Copper inventory of 278325 tons, down 1300 tons from the previous day. 2. Aluminum inventory is 750350 tons, a decrease of 2500 tons from the previous trading day. 3. Nickel inventory is 135816 tons, an increase of 720 tons from the previous day. 4. Zinc inventory was 239150 tons, an increase of 7000 tons from the previous day. Lead inventory was 192475 tons, a decrease of 675 tons from the previous day. 6. Tin inventory is 4840 tons, an increase of 30 tons from the previous day. (Wheat Details)

7. Business Society: On October 25th, the price of ethyl acetate at Yankuang Guotai Chemical Co., Ltd. continued to decrease. On October 25th, Yankuang Guotai Chemical Co., Ltd.'s ethyl acetate operation was normal, with a price reduction of 50 yuan/ton. The current quotation is 6070 yuan/ton, and the manufacturer's equipment production capacity is 400000 tons. The upstream acetic acid market remains stable, with limited cost support. The downstream follow-up of ethyl ester is insufficient, and manufacturers' shipments are poor, resulting in a weak downward trend in the price of ethyl acetate. Note: The above prices are inclusive of tax. (Details of ethyl acetate)

8. Business Society: The market for ethyl acetate has been weak this week. From October 21st to October 25th, the domestic price of ethyl acetate first stabilized and then fell. According to the Commodity Market Analysis System of Shengyi Society, as of the 25th, the price of ethyl acetate was 6023.33 yuan/ton, a decrease of 0.44% compared to the beginning of the week price of 6050.00 yuan/ton. Due to weak downstream demand and insufficient raw material support, the ethyl acetate market is consolidating weakly. (Details of ethyl acetate)