Ethanol: China's ethanol market dynamics on June 2

The price index of general-grade ethanol was 6013.75 on June 2nd, unchanged from the previous working day.

The price of ethanol in China is stable. Hot spots on June 2: first, Henan excellent prices are stable. Second, prices in East China are stable. Third, the price in Northeast China is stable. Fourth, the bidding price of ethyl acetate has been lowered. Fifth, the price of coal ethanol is stable. Sixth, the transaction price in China is stable in the region.

Specifically, the northeast enterprise quotation is stable, rigid demand delivery. The price in Henan is stable and the order is delivered. East China enterprise output is limited, downstream rigid demand procurement, transaction price is weak. The price of fuel ethanol is weak. Northeast enterprise Jilin market general grade quotation 6150-6200 yuan / ton. The general grade of Heilongjiang market is 6000-6100 yuan / ton, and the waterless market is 6850-6950 yuan / ton. The northeast closed the position at 6350-6400 yuan per ton. 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 6450-6500 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 prices are expected to remain stable in the region, the release of maintenance news increases, there is positive support in the news, sustained price reduction does not bring a large number of orders, ddgs due to low demand and weak prices of parallel products subsidise ethanol costs, enterprises continue to weaken cost support weakens, northeast prices are basically flat in the mainstream ex-factory prices in sales areas, and prices in the northeast are expected to be stable in the short term. East China starts lower, but half of the orders are basically consumed by individual factories, while the rest are consumed by other factories and traders, and volume increases. Henan region has little advantage in trans-southern region, and there is a possibility of weakness under sustained high yield, but the support space of high cost level is limited.

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.

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