[Ethanol Daily Review]: China's ethanol market trends on August 7

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August 7, 2023, 5:25 PM

The price index of general-grade ethanol was 6185.25 on Aug. 7, weaker than the previous working day.

Individual prices of Henan premium grade in China's ethanol market are weak, while others remain stable. Hot spots on August 7: first, the quotations of individual enterprises in Henan have been lowered by 50 yuan / ton. Second, the price in East China is stable, and the chemical industry is in rigid demand. Third, the price in Northeast China is stable and the order is delivered. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal ethanol is stable.

Specifically, the food prices of large factories in Heilongjiang in Northeast China are stable, orders are delivered, individual factories adjust variety production to ensure supply, and Jilin prices are stable. Individual factories in Mengzhou, Henan Province weakened slightly as a result of weakening demand. The price trend in East China is stable, the order is delivered, but the spot is not much. Coal ethanol: the price of individual coal ethanol is stable. The price of fuel ethanol remains stable. The purchase price of geolian is small, detective. Northeast enterprise Jilin market general grade quotation 6400-6450 yuan / ton. The general grade of Heilongjiang market is 6250-6350 yuan / ton, Heilongjiang anhydrous market is 6950-7100 yuan / ton, and Jilin anhydrous market is 7000-7200 yuan / ton. The northeast closing position is about 6600 yuan / ton. The superior enterprises in Central China offer 6550-6600 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 yuan / ton. Cassava ethanol 6700-6900 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/8/7	2023/8/4	Rise and fall
South China	Cassava is anhydrous	Guangxi	7450-7500	7450-7500	0/0
	Molasses 95%	Guangxi	-	-	-
	Cassava 95%	Guangxi	6700-6900	6700-6900	0/0
North China	Superior grade	Hebei	-	-	-
North China	No water	Hebei	7100-7150	7100-7150	0/0
Northeast China	General level	Jilin	6400-6450	6400-6450	0/0
	No water	Jilin	7000-7300	7000-7200	0/+100
	General level	Jinzhou	6600-6600	6600-6600	0/0
	General level	Heilongjiang Province	6250-6400	6250-6400	0/0
East China	General level	Anhui Province	6600-6650	6600-6650	0/0
	No water	Anhui Province	7300-7400	7300-7400	0/0
	No water	Shandong
	General level	Shandong	6500-6500	6500-6500	0/0
	Superior grade	Shandong	6850-6900	6850-6900	0/0
	Send it to other places without water.	Shandong	7400-7500	7400-7500	0/0
	General level	Northern Jiangsu	6500-6550	6500-6550	0/0
	No water	Northern Jiangsu	7300-7400	7300-7400	0/0
	General level	Southern Jiangsu	6750-6800	6750-6800	0/0
Central China	Superior grade	Henan	6550-6600	6500-6630	+50/-30
Central China	No water	Henan	7400-7450	7400-7450	0/0

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/8/7	Remarks
Northeast China	Jilin	Corn	2700-2800
Northeast China	Jilin	DDGS	2860-2950
Northeast China	Heilongjiang Province	Corn	2600-2680	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	2850-2930	High fat
Central China	Henan	Corn	2940-3000
Central China	Henan	DDGS	2800
Thailand		Dried cassava	267-275
Shandong		Ethyl acetate	6310-6330	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6400-6450
South China		Ethyl acetate	6500-6550

Future forecast: short-term price regional trend is expected, order delivery in Northeast China, large order can be negotiated, Fukang equipment maintenance, support price is slightly strong. Henan short-term order delivery, but after the implementation of the order, the new order will take time, Henan is expected to be weak in the short term. East China chemical rigid demand procurement, as well as individual factory production reduction, chemical rigid demand procurement price is strong. Fuel supply increased slightly in the short term, but the current order delivery support, prices remain strong.

Raw materials: corn ethanol: corn prices are stable, the current ddgs prices rise parallel products to maintain high volatility, increased demand for pigs, 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 restored, Wanli plant restored, Hongzhan 4 factories normal, Heilongjiang Shenglong shutdown; Fukang device normal, Tianyu shutdown, Shuntong shutdown, Dongfeng Huafeng downtime, Xintianlong normal, Liniu shutdown. 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. Enterprises in Mengzhou, Henan Province maintain half of the load. Jufeng shuts down. Chifeng Ruiyang production, Zalantun production. Jilin fuel rotation inspection, Guotou Tieling shutdown.

Demand: downstream chemical rigid demand procurement. Liquor order purchase.

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	Resume around July 10th
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, reduce production on the 21st, full production on July 15th.
Heilongjiang Sheng long	15	15	Shut down on April 27th-start on June 5 and stop feeding on July 19th
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 the machines were shut down on May 16, June 5, July 19.
Jin Changlin in Lianyungang	5	5	Shutdown on May 18th
Hongzhang, ha.	60	30	The first phase will be suspended from May 27 to July 20.
Fukang	50	50	The whole line will be stopped for maintenance on August 10th.
Tianyu	15	15	The maintenance period will be stopped for 30 days on July 21.
Cofco Zhaodong	30	10	Stop feeding on June 5-shutdown 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	The machine was shut down on July 15 for 15-20 days
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	Production stopped on July 4th and August 1st.
Zalantun	10	10	The product will be released around July 6th.
Shandong Yingxuan	20	20	Shut down at the end of June and put in material on July 25.
Jilin fuel	70	70	Two-line rotation inspection on July 31
Guotou Tieling	30	30	Shutdown and maintenance on July 31