[Ethanol Daily Review]: China's ethanol market trends on July 28

The price index of general-grade ethanol was 6190.00 on July 28th, which was stable compared with the previous working day.

China's ethanol market maintains a steady trend. July 28 hot spots: first, Henan excellent prices are stable. Second, the prices of some enterprises in East China continue to be weak yesterday. Third, prices in Northeast China are stable. 4. The plant of ethyl acetate factory is being restored. Fifth, chemical rigid demand procurement. The transaction price is not high.

Specifically, the food prices of large factories in Northeast China are stable, the early orders are delivered, and some of the previous contracts are extended. The price of ethanol in Mengzhou area of Henan Province is stable, and other enterprises did not follow after the price increase of individual enterprises. East China prices are slightly weaker, downstream chemical rigid demand procurement. Coal-based ethanol: the price of individual coal-based ethanol fluctuates little. The price of fuel ethanol remains 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 6450-6500 yuan / ton, and the water-free price is 7400-7450 yuan / ton. The price of ethanol in East China is 6500-6550 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: short-term price regional trend is expected, short-term prices in Northeast China are stable, orders are delivered, fuel prices are strong, enterprises are more active in producing fuel, along with the load of enterprise devices, but mainly to produce fuel, and eat a small amount. At the same time, the enterprise equipment has just restored the enterprise inventory, and the big factory equipment is about to overhaul the news surface to support the price to remain strong. Henan prices rose slightly, cross-regional arbitrage is about to open a small increase in transactions, plant maintenance or production reduction on the supply side is good, good prices in Henan. General-grade shipments in East China are general, individual factories will resume in a short time, and two factories will resume in August, with negative price trends on the supply side. on the demand side, the recovery of ethanol consumption in large chemical plants is expected, and the methyl ethyl ester plant is expected to be put into production in August. increase anhydrous ethanol consumption, it is expected that East China price consolidation operation or transaction low-end price tamping. The increase in fuel ethanol in August is greater than the decrease. It is expected that three enterprises will start work and two will be overhauled, but it will take time for enterprises to increase their inventory from start-up to delivery, and it will take time for large factories to pick up goods in the short term, but some refineries downstream will increase their inventory due to concentrated arrival of goods. Further news will be waiting for further information on whether the two oil companies will purchase in the near future.

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.