Ethanol: China's ethanol market dynamics on June 21

The price index of general-grade ethanol was 6000.45 on June 21st, which was stable compared with the previous working day.

The price of ethanol market in China is stable, and the purchase transaction price of chemical rigid demand is rising. June 21 hot spots: first, the price trend in Henan is stable. Second, the price in East China is stable, and the purchase transaction price of the rigid demand of the downstream chemical industry is rising. Third, the quotation in Northeast China is stable. Fourth, the bidding price of ethyl acetate is stable. 5. The operating rate of coal ethanol is low.

Specifically, the price of the northeast factory is stable and the order is delivered. The price in Henan is stable and the order is delivered. The price quotation in East China is stable, but at present, the supply of low-price goods is limited, and the downstream chemical industry is sold at a low price. The start-up of coal-based ethanol plant is low, and the price is stable. Northeast enterprise Jilin market general-level quotation 6100-6200 yuan / ton, the large unit price is low. The general grade of Heilongjiang market is 6000-6100 yuan / ton, Heilongjiang anhydrous market is 6750-6900 yuan / ton, and Jilin anhydrous market is 6900-7100 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: on the supply side, large factories in the northeast of the main production areas have maintenance plans. If the maintenance of large factories is carried out as scheduled, the supply of ethanol market will be reduced, and the supply side will be favorable to support strong prices. Henan downstream rigid demand procurement, supply and demand is only in a balanced state, most enterprises have no obvious inventory, prices are stable, but the shortage of funds of some enterprises do not rule out the possibility of active shipment. The price of raw materials in East China has declined, but the depreciation of the exchange rate has affected the persistently high import costs. Under cost pressure, some enterprises have not purchased late raw materials, and there are maintenance plans after the consumption of existing raw materials, the supply has been reduced, and the demand side has not increased significantly. Short-term price stability or narrow space adjustment is expected. Although the ethanol market in each region has its own advantages, it affects the whole body as a whole, and each region affects each other, and the future changes of ethanol need to be further observed.

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 food shutdown, Hongzhan Rahl phase stop, Bayan stop feeding, Heilongjiang Shenglong production; Fukang first line shutdown, Tianyu normal, Shuntong shutdown, Dongfeng Huafang downtime, Xintianlong production, Liniu downtime. East China Huatian half-load production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe production, sul production, Fulaichun continued downtime, 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 price is stable.

Equipment maintenance table of Chinese ethanol enterprises

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