Ethanol: China's ethanol market dynamics on July 5

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July 5, 2023, 4:59 PM

The price index of general-grade ethanol was 6163 on July 5th, which was + 40.6 compared with the previous working day.

Part of the price of ethanol in China has risen. Hot spots on July 5: first, Henan premium prices continue to rise. Second, large factories in Northeast China have limited shipments, individual have start-up plans, and the price is stable before publication. Third, the price of the main factory in East China has increased by 100 yuan / ton. Fourth, the starting price of ethyl acetate factory is stable. Fifth, the chemical industry rigid demand procurement and transaction prices rise. 6. The price of ddgs has increased significantly.

Specifically, the northeast spot is limited, large factories limited delivery, individual devices have plans to put into production, the market spot is limited, multi-order delivery, the price is stable before the release, some do not quote. The orders of enterprises in Mengzhou, Henan Province increased, and the premium price increased by 100 yuan / ton as of press time. East China Jiangsu area spot is not much, the chemical industry rigid demand purchase, the price rises. Northeast enterprise Jilin market general grade quotation 6300-6350 yuan / ton. The general grade of Heilongjiang market is 6150-6250 yuan / ton, Heilongjiang anhydrous market is 6900-7100 yuan / ton, and Jilin anhydrous market is 7050-7200 yuan / ton. The northeast closing position is about 6600 yuan / ton. The superior enterprises in Central China are quoted at 6600 yuan / ton and the water-free price is 7350 yuan / ton. The price of ethanol in East China is 6600 yuan / ton. The price of anhydrous ethanol is 7300-7400 yuan / ton, and the general price in southern Jiangsu is 6750 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/7/5	2023/7/4	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	7050-7150	7050-7150	0/0
Northeast China	General level	Jilin	6300-6350	6300-6350	0/0
	No water	Jilin	7050-7200	7050-7200	0/0
	General level	Jinzhou	6600-6650	6600-6650	0/0
	General level	Heilongjiang Province	6150-6250	6150-6250	0/0
East China	General level	Anhui Province	6500-6500	6500-6500	0/0
	No water	Anhui Province	7300-7300	7300-7300	0/0
	No water	Shandong			0/0
	General level	Shandong	6600-6700	6500-6600	+100/+100
	Superior grade	Shandong	6800-6900	6800-6900	0/0
	Send it to other places without water.	Shandong	7350-7400	7350-7400	0/0
	General level	Northern Jiangsu	6600-6600	6500-6500	+100/+100
	No water	Northern Jiangsu	7300-7400	7250-7300	+50/+100
	General level	Southern Jiangsu	6750-6750	6650-6700	+100/+50
Central China	Superior grade	Henan	6600-6600	6500-6530	+100/+70
Central China	No water	Henan	7350-7350	7350-7350	0/0

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/7/5	Remarks
Northeast China	Jilin	Corn	2600-2750
Northeast China	Jilin	DDGS	2800-2950
Northeast China	Heilongjiang Province	Corn	2550-2680	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	2750-2890	High fat
Central China	Henan	Corn	2920-2940
Central China	Henan	DDGS	2800-3100
Thailand		Dried cassava	255-258
Shandong		Ethyl acetate	5940-5960	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6100-6150
South China		Ethyl acetate	6450-6500

Future forecast: short-term high prices are expected to be sorted out, there is not much spot in the northeast, individual enterprises have recovery plans, and no spot overhaul time for large factory delivery orders may be delayed, and enterprise orders are limited for delivery. it is expected that short-term enterprise quotations are likely to rise slightly. Henan prices rose to a high, the chemical industry in the direction of early order delivery, short-term orders support high prices. There is not much spot in East China, the chemical industry is in rigid demand, and the short-term price is expected to be strong.

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 continued to rise. 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. Chifeng Ruiyang feed, Zalantun this week out the product.

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

Logistics: logistics price is stable.

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	The material has been put in on April 20th.
Anhui Wuhechun	8	8	Stop the machine
Jilin Xintianlong	30	30	Shut down on May 5, start on the 17th, and reduce production on the 21st.
Heilongjiang Sheng long	15	15	Shut down on April 27th-start on June 5th
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 12-May 24	Fuel fuel
Guotou Jidong	30	30	April 3rd	Fuel fuel
Zhenjiang Changxing	10	10	All machines were shut down on May 16th and put in materials on June 5th.
Jin Changlin in Lianyungang	5	5	Shutdown on May 18th
Hongzhang, ha.	60	30	The first phase will be stopped on May 27 until the time is uncertain.
Fukang	50	50	The material will be cut off on July 20 and the whole line will be overhauled for a month.
Tianyu	15	15	On July 6, materials will be suspended for overhaul for one month, which is expected to be postponed.
Cofco Zhaodong	30	10	Stop feeding on June 5-June 20
Chifeng Ruiyang	8	8	Downtime on June 10th
Hongzhan Tahiko	30	30	It is expected to stop feeding for 20 days on June 20, and short-term delivery is expected.
Wanli Runda	60	60	The outage is expected to last 20 days in July.
Lianyungang Longhe River	10	10	The device stopped feeding on July 3.
Jiangsu sul alcohol	12	12	July 3 plant shutdown and feeding
Liaoyuan giant peak	50	50	Feed
Chifeng Ruiyang	8	8	July 4th feeding
Zalantun	10	10	The product will be released this week.