Ethanol: China's ethanol market dynamics

The price index of general-grade ethanol was 6127.50 on May 16th, up from-10.75 on the previous working day.

The quotation of Chinese ethanol enterprises is stable and the market feedback is general. Hot spots on May 16: first, prices in Henan are stable. Second, the quotations of enterprises in East China are stable. Third, prices in Northeast China are stable, while individual premium prices are weak. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal-based ethanol is stable.

Specifically, northeast enterprises wait for new orders after price reduction, previous orders continue to be delivered, and individual premium prices are weak. The quotation of Henan enterprises is stable. Ethanol enterprises in East China offer smoothly, small factories have a positive mentality of shipping, and there are low prices in the transaction. Fuel: the price of receiving goods in the region is weaker. The selling price of coal-based ethanol is stable. As of press time, the general price of Jilin market is 6250-6450 yuan / ton, that of Heilongjiang market is 6100-6200 yuan / ton, and that of anhydrous market is 6900-7100 yuan / ton. The superior enterprises in Central China offer 6550-6600 yuan / ton, and the price of no water is 7400 yuan / ton. The price of ethanol in East China is 6420-6500 yuan / ton. The price of anhydrous ethanol is 7300-7400 yuan / ton, and the general price in southern Jiangsu is 6700-6800 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.

& nbsp;                                     unit: yuan / ton

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Future forecast: short-term edible ethanol market is expected to be stable, northeast order delivery, the overall demand is limited, price collation. It is possible that the price will be weak after the supply is restored in Henan. In East China, cost pressure and demand are weaker, prices are weaker, and outages or production cuts are increasing.

Raw materials: corn ethanol: corn prices rebounded slightly in the region, demand is weak, the market time of new wheat in central China is approaching, prices are weak, substitute prices are weak and bad corn prices. Cassava dry aspect: cassava dried Thai baht value-added, China's ethanol prices are weak, the buying atmosphere is not strong, prices are weak.

Supply: northeast start: Dongning downtime, Baoquanling production, Fuyu Huihai normal, Cofco Zhaodong plant production, Hongzhan normal, Fukang first line shutdown, Tianyu normal, Shuntong downtime, Dongfeng Huafeng downtime, Xintianlong downtime, Liuniu shutdown, Shenglong downtime. East China Flower Hall production, Guannan shutdown, Jin Changlin stop feeding, Guohua production, Changxing stop feeding, Longhe production, sul production, Fulaichun continued shutdown, Maibo Huihui shutdown, MINUSTAH shutdown. Houyuan shutdown in Mengzhou, Henan Province, other ethanol plants are normal. Yushen can produce products.

Demand: downstream chemical rigid demand procurement. Buy a small amount of liquor.

Logistics: logistics prices are narrowly weak.

Equipment maintenance table of Chinese ethanol enterprises