Ethanol: China's ethanol market dynamics on May 30

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May 30, 2023, 4:45 PM

On May 30th, the price index of general-grade ethanol was 6030.75, up from-13.75 in the previous working day.

The price of ethanol in China is weak and the turnover is weak. Hot spots on May 30: first, Henan premium price has been reduced by 50 yuan per ton. Second, prices in East China are stable. Third, the food price of Heilongjiang in Northeast China will be reduced by 50 yuan per ton. Fourth, the bidding price of ethyl acetate has been lowered. Fifth, the price of coal ethanol is stable. Sixth, the regional transaction price in China is weaker than that of last week. 7. Sea freight rates continue to be reduced.

Specifically, the price of general and superior grade of large factories in Heilongjiang region of Northeast China has been reduced by 50 yuan / ton, and the order is delivered. Prices in Jilin stabilized after price adjustment yesterday. The superior price in Henan area has been reduced by 50 yuan per ton, and the downstream consumption is limited. The quotation in East China is stable, some orders are delivered, the transaction is general, and the enterprise inventory increases. Northeast enterprise Jilin market general grade quotation 6150-6200 yuan / ton. Heilongjiang market general grade 6000-6100 yuan / ton, terminal delivery price is low, anhydrous market 6850-7000 yuan / ton. The northeast closing position is 6400 yuan / ton negotiable. The superior enterprises in Central China are quoted at 6500 yuan / ton, and the water-free price is 7300-7400 yuan / ton. The price of ethanol in East China is 6400-6500 yuan / ton. The price of anhydrous ethanol is 7200-7300 yuan / ton, and the general price in southern Jiangsu is 6450-6650 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/5/30	2023/5/29	Rise and fall
South China	Cassava is anhydrous	Guangxi	7450-7500	7450-7500	0/0
	Molasses 95%	Guangxi	-	-	-
	Cassava 95%	Guangxi	6700-6800	6700-6800	0/0
North China	Superior grade	Hebei	-	-	-
North China	No water	Hebei	7300-7400	7300-7400	0/0
Northeast China	General level	Jilin	6150-6250	6150-6250	0/0
	No water	Jilin	7000-7100	7000-7100	0/0
	General level	Jinzhou	6400-6400	6400-6400	0/0
	General level	Heilongjiang Province	6000-6150	6000-6200	0/-50
East China	General level	Anhui Province	6350-6400	6350-6400	0/0
	No water	Anhui Province	7250-7300	7250-7300	0/0
	No water	Shandong			0/0
	General level	Shandong	6400-6500	6400-6500	0/0
	Superior grade	Shandong	6700-6900	6700-6900	0/0
	Send it to other places without water.	Shandong	7250-7400	7250-7400	0/0
	General level	Northern Jiangsu	6400-6500	6400-6500	0/0
	No water	Northern Jiangsu	7200-7300	7200-7300	0/0
	General level	Southern Jiangsu	6450-6650	6450-6650	0/0
Central China	Superior grade	Henan	6500-6500	6550-6550	-50/-50
Central China	No water	Henan	7300-7400	7300-7400	0/0

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/5/30	Remarks
Northeast China	Jilin	Corn	2540-2630
Northeast China	Jilin	DDGS	2650-2720
Northeast China	Heilongjiang Province	Corn	2400-2510
Northeast China	Heilongjiang Province	DDGS	2550-2650
Central China	Henan	Corn	2790-2830
Central China	Henan	DDGS	2700-2750
Thailand		Dried cassava	262-265
Shandong		Ethyl acetate	6300-6320
Jiangsu Province		Ethyl acetate	6450-6580
South China		Ethyl acetate	6500-6550

Future forecast: short-term price zone is expected to be sorted out or slightly weak. After the price continues to weaken, downstream procurement is more cautious, small rigid demand procurement.

Raw material: corn ethanol: the price of corn is stable and the price of new wheat in central China has rebounded. Dry cassava: the price of ethanol in China is weak, the buying atmosphere is not strong, and the price is sorted out.

Supply: northeast start: Dongning shutdown, Baoquanling production, Fuyu Huihai normal, Cofco Zhaodong plant production, Hongzhanlaha stop other normal, Fukang first line shutdown, Tianyu normal, Shuntong downtime, Dongfeng Huafeng downtime, new Tianlong production, Liniu shutdown, Shenglong downtime. Huadong Huatian production, Guannan shutdown, Jin Changlin downtime, Guohua downtime, Changxing downtime, Longhe production, sul production, Fulaichun continued downtime, Maibo small quantity, MINUSTAH production. The production of enterprises in Mengzhou, Henan Province is normal. The yield of Yu Shenneng is normal.

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

Logistics: rising within the logistics price range.

Equipment maintenance table of Chinese ethanol enterprises

Enterprise name	Production capacity (10,000 tons / year)	Maintenance involves production capacity	Maintenance start time	Remarks
Heilongjiang Hongzhan (Jixian)	60	60	April fifteenth	Start up on May 6th
Jilin Fukang	50	4	March 28th
Heilongjiang Hexing grain and oil	3	3	Late March
Inner Mongolia Shuntong	12	12	Stop the machine
Heilongjiang Zhongke Green	10	10	Stop the machine
Fulaichun, Shandong Province	20	20	Stop the machine
Jiangsu Dongcheng	15	15	Stop the machine
Guannan COVID-19, Lianyungang	5	5	Stop the machine
Jiangsu Haiyan	15	15	Start up in the middle of May
Jiangsu Maibo remittance	8	8	Stop feeding at the beginning of April
Shuyang Guohua	5	5	Stop the machine
Anhui COFCO	75	30	Production	The material has been put in on April 20th.
Anhui Wuhechun	8	8	Stop the machine
Jilin Xintianlong	30	30	Shut down on May 5th and start on May 17th
Heilongjiang Sheng long	15	15	Shut down on April 27th
Inner Mongolia Liniu	10	10	Stop the machine
Hanyong, Mengzhou, Henan Province	30	30	One-line production
Houyuan, Mengzhou, Henan Province	50	50	Open on May 21
Jilin Dongfeng Hua Grain	10	10	Stop feeding on April 17th
National Investment Helen	30	30	April 12th	Fuel fuel
Guotou Jidong	30	30	April 3rd	Fuel fuel
Liaoyuan giant peak	50	50	There is expected to be a boot plan in May.
Zhenjiang Changxing	10	10	All machines were shut down on May 16th.
Jin Changlin in Lianyungang	5	5	Shutdown on May 18th
Hongzhang, ha.	60	30	The first phase will be suspended on May 27.