Ethanol: China's ethanol market dynamics on June 19

On June 19th, the price index of general-grade ethanol was 6000.45, which was stable from the previous working day.

The regional price trend of China's ethanol market is stable in the northeast, Henan excellent grade weakens slightly, East China has no water to rise, and the general low-end price disappears. Hot spots on June 19: first, Henan excellent grade was lowered by 20 yuan / ton over the weekend. Second, the price of dry water in East China has risen by 50 yuan per ton, the general low-end price has disappeared, and the quotations of some enterprises have risen slightly. Third, the quotation in Northeast China is stable. Fourth, the bidding price of ethyl acetate is stable. Fifth, the freight rate in the region has increased. Sixth, the price of dried cassava in Thailand is weak.

Specifically, the northeast big factory quotation is stable, Heilongjiang large factory limited delivery of individual boilers short-term problems are about to start, Jilin large factory order delivery. Shipments of superior-grade factories in Henan are weak, and prices remain stable after weakening slightly. The low-end prices in East China and Jiangsu have disappeared, the enterprises are willing to rise obviously, and the prices of the main anhydrous factories have risen. Northeast enterprise Jilin market general grade quotation 6100-6200 yuan / ton. The general grade of Heilongjiang market is 6000-6100 yuan / ton, and the early core customers have low-price contracts. Heilongjiang anhydrous market is 6750-6900 yuan / ton, and Jilin anhydrous market is 6800-7100 yuan / ton. The northeast closing position is about 6300 yuan / ton. The superior enterprises in Central China are quoted at 6400 yuan / ton and the water-free price is 7300 yuan / ton. The price of ethanol in East China is 6380-6400 yuan / ton. The price of anhydrous ethanol is 7150-7250 yuan / ton, and the general price in southern Jiangsu is 6450-6550 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: prices are expected to be stable in the short term. It is expected that the short-term equipment maintenance news of large factories in Northeast China will be gradually implemented. Some factories of large factories in Heilongjiang will deliver goods in limited quantities. After the previous large order promotion of Jilin factories, contract orders can be signed, and orders will be delivered. The influence of individual food start-up markets in Heilongjiang will be limited, and prices in Northeast China are expected to be stable in the short term. The inventory of some factories in East China is not high, and prices are expected to be stable.

Raw material: corn ethanol: the price of corn is stable in the sales area, and the price of ddgs inventory of large factories is lower and higher. 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 shutdown, Fuyu Huihai normal, Cofco Zhaodong fuel plant production shutdown, Hongzhan Laha Phase I stop other normal, Heilongjiang Shenglong production; Fukang first line shutdown, Tianyu normal, Shuntong shutdown, Dongfeng Huafeng downtime, Xintianlong production, Liniu downtime. East China Huatian half-load production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe production, short stop of threonol, Fulaichun continued shutdown, Maibo Huihui shutdown, 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: logistics prices pull up slightly.

Equipment maintenance table of Chinese ethanol enterprises

Remarks: all estimated downtime and production capacity are subject to the specific downtime of the factory.