[Ethanol Daily Review] China's ethanol market trends on August 11

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August 11, 2023, 4:26 PM

The price index of general-grade ethanol was 6212.15 on August 11th, up from 12.4 on the previous working day.

The premium price of Henan ethanol market in China has increased significantly, while other fluctuations are small. Hot spots on August 11: first, Henan excellent grade rose by 50 yuan per ton. Second, the superior price in East China has increased by 50 yuan per ton, while others are stable. 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 northeast Heilongjiang factory food price is stable, order delivery, enterprises to produce fuel-based, consumption is limited; Jilin price is stable, order delivery. The superior price of enterprises in Mengzhou, Henan Province rose by 50 yuan / ton, Sichuan car pick-up increased, individual have maintenance plans, and corn prices rose to a high level. The superior grade in East China has risen by 50 yuan / ton, while the others remain stable and there is not much in stock, but the market demand for general grade is limited. Coal-based ethanol: the price of individual coal-based ethanol is stable, and the big deal can be negotiated. 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 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 6730-6750 yuan / ton, and the water-free price is 7400-7450 yuan / ton. The price of ethanol in East China is 6650 yuan / ton. The price of anhydrous ethanol is 7450-7550 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	2023/8/11	2023/8/10	Rise and fall
South China	Cassava is anhydrous	Guangxi	7650-7700	7650-7700	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	7000-7300	0/0
	General level	Jinzhou	6600-6600	6600-6600	0/0
	General level	Heilongjiang Province	6250-6350	6250-6350	0/0
East China	General level	Anhui Province	6650-6700	6650-6700	0/0
	No water	Anhui Province	7450-7500	7450-7500	0/0
	No water	Shandong	7400-7500	7400-7500	0/0
	General level	Shandong	6650-6700	6650-6700	0/0
	Superior grade	Shandong	6900-6900	6900-6900	0/0
	Send it to other places without water.	Shandong	7400-7500	7400-7500	0/0
	General level	Northern Jiangsu	6650-6650	6650-6650	0/0
	No water	Northern Jiangsu	7450-7550	7450-7550	0/0
	General level	Southern Jiangsu	6750-6800	6750-6800	0/0
Central China	Superior grade	Henan	6650-6650	6550-6600	+100/+50
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	2023/8/11	Remarks
Northeast China	Jilin	Corn	2750-2800
Northeast China	Jilin	DDGS	2880-3050
Northeast China	Heilongjiang Province	Corn	2600-2680	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	2900-2990	High fat
Central China	Henan	Corn	2940-3010
Central China	Henan	DDGS	2900-3000
Thailand		Dried cassava	272-275
Shandong		Ethyl acetate	6400-6410	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6450-6500
South China		Ethyl acetate	6600-6650

Future forecast: short-term price is expected to be strong, order delivery in Northeast China, limited delivery by large factories, overhaul of Fukang equipment, support price firm or slightly higher. Short-term order delivery in Henan, factory has maintenance plan, Sichuan and Chongqing stock, short-term price is expected to run high. There is not much spot in the market in East China, the demand is general, the surrounding prices are high, and prices are expected to be stable in the short term. The short-term supply of fuel has increased, but the current order delivery support, prices remain strong.

Raw materials: corn ethanol: sales area prices rose slightly, the current ddgs prices rose parallel products to maintain a high shock, 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 fuel plant restored, Wanli plant normal, Hongzhan 4 factories normal, Heilongjiang Shenglong shutdown; Fukang device stop feeding, Tianyu shutdown, Shuntong shutdown, Dongfeng Huafang shutdown, Xintianlong normal, Liniu shutdown. East China Huatian half-load production, Guannan shutdown, Jin Changlin production, Guohua production, Changxing downtime, Longhe shutdown, sul shutdown, Fulaichun shutdown, Maibo Huihui shutdown, MINUSTAH production. The installation in Mengzhou, Henan Province is normal. Jufeng shuts down. Chifeng Ruiyang production, Zalantun production. Jilin fuel rotation inspection, Guotou Tieling feeding.

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 machines were shut down on May 16, June 5, July 19, July 7, and resumed on August 7.
Jin Changlin in Lianyungang	5	5	Production was stopped on May 18th and August 7th.
Hongzhang, ha.	60	30	The first phase will be suspended from May 27 to July 20.
Fukang	50	50	Stop feeding on August 10th
Tianyu	15	15	The maintenance period will be stopped for 30 days on July 21.
Cofco Zhaodong	30	10	June 5 stop feeding-June 20 July 15 shutdown July 31 fuel production
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	Shutdown on July 15th and feeding on July 31st
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	The machine was shut down on July 31 for maintenance and put in the material on August 10.