Ethanol: China's ethanol market dynamics on July 12

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July 12, 2023, 4:39 PM

The price index of general-grade ethanol was 6220.5 on July 12th, which was + 10.75 compared with the previous working day.

The price of ethanol in China is stable. Hot spots on July 12: first, the price of cassava ethanol in East China is stable. Second, the price in Northeast China is stable. Third, the quotations of individual enterprises in Henan have increased by 50 yuan per ton. 4. The price of ethyl acetate is stable.

Specifically, the spot in the northeast region is limited, large factories limited delivery, order delivery, individual large factories after the rise of some new orders signed. Henan Mengzhou enterprise order delivery, there are not many vehicles in front of the door, but the enterprise is willing to raise the price. The price in East China is stable and the order is delivered. The freight rate is stable. Northeast enterprise Jilin market general grade quotation 6400-6450 yuan / ton. The general grade of Heilongjiang market is 6300-6400 yuan / ton, Heilongjiang anhydrous market is 7050-7100 yuan / ton, and Jilin anhydrous market is 7100-7250 yuan / ton. The northeast closing position is about 6600-6650 yuan / ton. The superior enterprises in Central China are quoted at 6700 yuan / ton, and the water-free price is 7300-7400 yuan / ton. The price of ethanol in East China is 6650-6700 yuan / ton. The price of anhydrous ethanol is 7350-7450 yuan / ton, and the general price in southern Jiangsu is 6750-6800 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/7/12	2023/7/11	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	6400-6450	6400-6450	0/0
	No water	Jilin	7100-7250	7100-7250	0/0
	General level	Jinzhou	6600-6650	6600-6650	0/0
	General level	Heilongjiang Province	6300-6400	6300-6400	0/0
East China	General level	Anhui Province	6650-6800	6650-6800	0/0
	No water	Anhui Province	7300-7500	7300-7500	0/0
	No water	Shandong			0/0
	General level	Shandong	6700-6700	6700-6700	0/0
	Superior grade	Shandong	6900-6900	6900-6900	0/0
	Send it to other places without water.	Shandong	7350-7400	7350-7400	0/0
	General level	Northern Jiangsu	6650-6700	6650-6700	0/0
	No water	Northern Jiangsu	7350-7450	7350-7450	0/0
	General level	Southern Jiangsu	6750-6800	6750-6800	0/0
Central China	Superior grade	Henan	6700-6700	6700-6700	0/0
Central China	No water	Henan	7300-7400	7300-7400	0/0

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/7/12	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	2920-3000
Central China	Henan	DDGS	2800-3100
Thailand		Dried cassava	262-263
Shandong		Ethyl acetate	6400-6410	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6450-6550
South China		Ethyl acetate	6650-6750

Future forecast: short-term high price consolidation is expected, there is not much spot in the northeast, there is no spot delivery orders from large factories, limited delivery of enterprise orders, 4 factories in northeast China have maintenance plans, enterprises are willing to raise prices obviously, and prices are strong in the short term. Early order execution in Henan area. There is not much spot in East China, pre-order execution, there is no advantage in the delivery of goods from other places, and prices in East China are expected to be stable in the short term.

Raw materials: corn ethanol: corn prices fell slightly in the region, the current ddgs prices rose to a high, prices are stable in the short term. 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 plant normal, Hongzhan Laha Phase I stop, Bayan production, Hongzhan other devices normal, Heilongjiang Shenglong production; Fukang device normal, Tianyu normal, Shuntong shutdown, Dongfeng Huafeng shutdown, Xintianlong production reduced, Liniu shutdown. Huadong Huatian half-load production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe shutdown, sul shutdown, Fulaichun shutdown, Maibo Huihui shutdown, MINUSTAH production. The production of enterprises in Mengzhou, Henan Province is normal. Jufeng production. Chifeng Ruiyang production, Zalantun production.

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	Shutdown on April 27th-started on June 5th, with maintenance plan in July
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	The time of maintenance is uncertain on July 20.
Cofco Zhaodong	30	10	Stop feeding on June 5-there is a maintenance plan on June 20, July 15.
Chifeng Ruiyang	8	8	Shut down on June 10th and feed on July 4th.
Hongzhan Tahiko	30	30	Stop from June 20th to July 5th
Wanli Runda	60	60	It is expected to stop on July 15
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	The fourth of July is unstable.
Zalantun	10	10	The product will be released around July 6th.