[Ethanol Daily Review] China's ethanol market trends on August 29

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August 29, 2023, 4:41 PM

On August 29th, the price index of general-grade ethanol was 6325.6, which was + 17.2 compared with the previous working day.

The price of ethanol in China's ethanol market in Henan fell slightly. Hot spots on August 29: first, the excellent grade of individual enterprises in Henan has been lowered by 30 yuan / ton. Second, the price of anhydrous ethanol in East China has increased by 50 yuan per ton. Third, the early low-level enterprises in Heilongjiang region of Northeast China rose to the normal market price, and the price in Jilin was stable. Fourth, the bidding price of ethyl acetate is stable.

Specifically, the price in Northeast China is stable, enterprises mainly produce fuel, limited delivery of food, and low-end prices disappear. The excellent grade of individual factories in Henan has been lowered by 30 yuan / ton, the execution of enterprise orders has been completed, prices have fallen, and others remain stable. There is not much spot in East China, order delivery, chemical rigid demand procurement. The price of fermented fuel ethanol is stable and the order is delivered. Coal ethanol is stable. Northeast enterprise Jilin market price 6450-6500 yuan / ton, Jilin no water 7150-7400 yuan / ton. The general grade of Heilongjiang market is 6450-6500 yuan / ton, and the Heilongjiang anhydrous market is 7150-7250 yuan / ton. The northeast closing position is about 6700-6800 yuan / ton. The superior enterprises in Central China offer 6700-6720 yuan / ton, and the water-free price is 7450-7500 yuan / ton. The price of ethanol in East China is 6750-6850 yuan / ton. The price of anhydrous ethanol is 7600-7700 yuan / ton, and the general price in southern Jiangsu is 6850-7150 yuan / ton. Cassava ethanol 7100-7150 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/8/29	2023/8/28	Rise and fall
South China	Cassava is anhydrous	Guangxi	7900-7950	7900-7950	0/0
	Molasses 95%	Guangxi	-	-	-
	Cassava 95%	Guangxi	7100-7200	7100-7200	0/0
North China	Superior grade	Hebei	-	-	-
North China	No water	Hebei	7200-7250	7200-7250	0/0
Northeast China	General level	Jilin	6400-6500	6400-6500	0/0
	No water	Jilin	7150-7400	7150-7400	0/0
	General level	Jinzhou	6650-6800	6650-6800	0/0
	General level	Heilongjiang Province	6400-6500	6350-6500	+50/0
East China	General level	Anhui Province	6750-6850	6750-6850	0/0
	No water	Anhui Province	7500-7600	7500-7600	0/0
	No water	Shandong	7500-7650	7500-7650	0/0
	General level	Shandong	6800-6850	6800-6850	0/0
	Superior grade	Shandong	6950-7100	6900-7100	0/0
	Send it to other places without water.	Shandong	7450-7600	7450-7600	0/0
	General level	Northern Jiangsu	6750-6850	6750-6850	0/0
	No water	Northern Jiangsu	7600-7700	7550-7650	+50/+50
	General level	Southern Jiangsu	6850-7150	6850-7150	0/0
Central China	Superior grade	Henan	6700-6720	6700-6750	0/-30
Central China	No water	Henan	7450-7500	7450-7500	0/0

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/8/29	Remarks
Northeast China	Jilin	Corn	2750-2800
Northeast China	Jilin	DDGS	3100-3150
Northeast China	Heilongjiang Province	Corn	2650-2700	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	3100-3200	High fat
Central China	Henan	Corn	2940-3020
Central China	Henan	DDGS	2950-3050
Thailand		Dried cassava	280-285
Shandong		Ethyl acetate	6820-6850	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	7000-7050
South China		Ethyl acetate	7200-7200

Future forecast: the short-term price is expected to be strong, the northeast Heilongjiang factory limited delivery, the inventory is not high, the short-term price is expected to be strong, Jilin large factories may start up in a short time, but at present, the enterprise inventory is at the bottom, and the price is stable. There is not much spot in East China, start-up enterprises are limited, downstream chemical rigid demand procurement, expected high price finishing.

Raw materials: corn ethanol: high price finishing, current ddgs price rise parallel products maintain 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 normal, Wanli installation normal, Hongzhan 4 factories normal, Heilongjiang Shenglong shutdown, Zhongkegreen feeding, Fuyu Huihai downtime; Fukang device shutdown, Tianyu production, Shuntong downtime, Dongfeng Huafang downtime, Xintianlong normal, Liuniu downtime. East China Flower Hall half-load production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing feeding, Longhe production, Romat production, 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 is over, Guotou Tieling production. Tianguan Nanyang production.

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 downtime in mid-August around July 10
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, August 28.
Jin Changlin in Lianyungang	5	5	Shutdown on May 18, production on August 7, shutdown around August 15.
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	Stop feeding on July 21 and feed on August 13
Cofco Zhaodong	30	10	Stop feeding on June 5-June 20, July 15 stop fuel production on July 31, feed on August 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	Shutdown on July 15th and feeding on July 31st
Lianyungang Longhe River	10	10	The device stopped feeding on July 3, August 21.
Jiangsu sul alcohol	12	12	The device was shut down on July 3
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.
Henan Nanyang Tianguan	30	30	August 15 put into production
Romet.	5	5	August 18 put into production
Fuyu Huihai	5	5	Downtime in mid-August
China Colleen	10	10	Feeding starts on August 22nd