Ethanol: China's ethanol market dynamics on July 25

The price index of general-grade ethanol was 6197.00 on July 25th, up from-1.2on the previous working day.

Prices in eastern China are weaker in China's ethanol market. July 25 hot spots: first, Henan excellent prices are stable. Second, the quotation of the main factories in East China and Jiangsu Province has been reduced by 50 yuan per ton, while that of the main factories in Shandong has been greatly reduced. Third, prices in Northeast China are stable. Ethyl acetate big factory ethyl ester stop bidding.

Specifically, the price of the northeast factory is stable, the news of downtime is released, the short-term order is delivered, the price is maintained, the corn price is difficult to pick, and the enterprise Dora purchases at a high purchase price. Henan Mengzhou superior shipment is weak, price arrangement and operation. The price of Shandong in East China is weak, the price of the main production enterprises in northern Jiangsu is reduced by 50 yuan / ton, the rigid demand of chemical industry in the lower reaches is purchased, and the start of methyl and ethyl ester decreases slightly. Coal-based ethanol: the output of individual coal-based ethanol recovered, and the price fluctuated little. The price of fuel ethanol 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 7000-7100 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 offer 6450-6490 yuan / ton, and the water-free price is 7400-7450 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 6750-6800 yuan / ton. Cassava ethanol 6700-6900 yuan / ton in Guangxi, South China.

& nbsp;                                     unit: yuan / ton

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Future forecast: expected short-term price regional trend, Henan region fell to a low, some regional arbitrage window opened, short-term waiting for market feedback. East China Jiangsu region is affected by the weak downstream demand, and the price in Henan is weak to low, which is bad for local shipments, and the price is likely to be weak. Downstream chemical production is reduced to maintain rigid demand procurement. The northeast Jilin factory has the maintenance plan, the short-term price is stable, the Heilongjiang big factory line resumes but carries out the early order more, the short-term price is stable.

Raw materials: corn ethanol: corn prices are stable, the current ddgs prices rise, soybean meal prices rise, and ethanol plant maintenance supply reduced good news support. Cassava dry aspect: enterprise rigid demand procurement, Thailand is willing to raise the price is obvious, cassava dry inventory sales are expected short-term cassava dry price high finishing.

Supply: northeast start: Dongning shutdown, Baoquanling shutdown, Fuyu Huihai normal, Cofco Zhaodong plant shutdown, Wanli plant shutdown, Hongzhan Laha phase I resumption, Bayan production, Hongzhan other devices are normal, Heilongjiang Shenglong stops feeding; Fukang device is normal, Tianyu stops feeding, Shuntong stops, Dongfeng Huafang stops, Xintianlong resumes, Liniu stops. Huadong Huatian half-load production, Guannan shutdown, Jin Changlin downtime, Guohua production, Changxing downtime, 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. The production of methyl ethyl ester is reduced, and a small amount of liquor is purchased.

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.