Ethanol: China's ethanol market dynamics on July 3

On July 3rd, the price index of general-grade ethanol was 6080.75, which was + 1.5 compared with the previous working day.

The price of ethanol in China is stable, and some factories fell slightly after prices continued to rise to high levels in Henan over the weekend, while the prices of large factories did not come out. July 3 hot spot: first, the equipment of two enterprises in eastern China and northern Jiangsu stopped feeding. Second, after prices in Henan rose to a high at the weekend, individual price factories reduced by 50 yuan per ton. Third, the price in Northeast China is stable, waiting for quotations from big factories, but some of them are not in stock and have limited shipments. Fourth, the bidding price of ethyl acetate has been lowered. Fifth, the price of ddgs has risen.

Specifically, the spot in the northeast region is limited, some factory maintenance is close to limited delivery, Heilongjiang factory individual equipment is unstable, limited delivery. Henan early superior price is relatively low, after the contract increased shipments increased, the price rose to a high level, individual enterprise shipments are general, the price is reduced by 50 yuan / ton. There is not much spot in East China's Jiangsu region, the number of downtime enterprises increases, and the low-end price disappears. In the aspect of fuel, individual enterprises put into production again. Northeast enterprise Jilin market general grade quotation 6200-6300 yuan / ton. The general grade of Heilongjiang market is 6100-6250 yuan / ton, Heilongjiang anhydrous market is 6800-6900 yuan / ton, and Jilin anhydrous market is 6950-7200 yuan / ton. The northeast closing position is about 6400-6450 yuan / ton for negotiation. The superior enterprises in Central China offer 6450-6500 yuan / ton, and the price of no water is 7350 yuan / ton. The price of ethanol in East China is 6500 yuan / ton. The price of anhydrous ethanol is 7250-7300 yuan / ton, and the general price in southern Jiangsu is 6650-6700 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: it is expected that short-term high prices will be sorted out, news of device maintenance will be released in the northeast, the news will be good to support the price, and the mood of buying up and down will increase, and the situation of asking for orders will increase. If the equipment is overhauled as scheduled, the supply side is good to support prices to remain strong, there is not much spot in the enterprise market, and prices remain strong. Prices in Henan rose to a high level, early orders were delivered, there were not many high-level contracts, and prices rebounded. East China construction continues to decline, the spot is not much, the price is strong. In terms of fuel, there are not many main factories in Northeast China, and prices remain stable, and the price trend of fuel ethanol may be slightly affected after the new plant is put into production.

Raw materials: corn ethanol: corn prices rose slightly, large factory ddgs inventory decreased, soybean meal prices rose, and enterprise equipment maintenance news was released, downstream stock prices increased actively. Dry cassava: the price of ethanol in China is not high, the buying atmosphere is not strong, and the price is arranged.

Supply: northeast start: Dongning shutdown, Baoquanling shutdown, Fuyu Huihai normal, Cofco Zhaodong fuel plant production and food production, Hongzhan Laha Phase I stop, Bayan stop feeding, Heilongjiang Shenglong production; Fukang first line shutdown, Tianyu normal, Shuntong shutdown, Dongfeng Huafeng downtime, Xintianlong production reduction, Liniu downtime. East China Flower Hall half-load production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe stop feeding, sul shutdown, Fulaichun shutdown, Maibo Huihui shutdown, MINUSTAH production. The production of enterprises in Mengzhou, Henan Province is normal. Jufeng feeding.

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

Logistics: logistics price part of the line is weak.

Equipment maintenance table of Chinese ethanol enterprises

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