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

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September 11, 2023, 4:53 PM

The price index of general-grade ethanol was 6399.95 on Sept. 11, up from + 13.6 on the previous working day.

The price of ethanol in China is rising. September 11 hot spots: first, Henan prices rose significantly over the weekend. Second, the price in East China will be raised by 50 yuan per ton. Third, the price of Jilin in Northeast China has increased by 100 yuan per ton. Fourth, the bidding price of ethyl acetate rose 300 yuan / ton over the weekend. Fifth, the freight rate is moving steadily. Sixth, the price of coal-based ethanol fluctuates at a high level. Seventh, fuel ethanol is tight in stock. 8. The price of ddgs is meat-free.

Specifically, the new price of the big factory in Heilongjiang in Northeast China has not come out. Jilin area big factory quotation rises 100 yuan / ton, the order delivers goods. Prices in Henan rose significantly over the weekend, with an increase in the number of pick-up vehicles. The quotation of enterprises in East China has increased by 50 yuan / ton, and the order is delivered. The transaction price of coal-based ethanol is better, and the premium is high. There is not much fuel ethanol in stock, and the stock of enterprises before the festival is obvious. Northeast enterprise Jilin market price 6600-6700 yuan / ton, Jilin no water 7250-7550 yuan / ton. Last week, the price in Heilongjiang market was 6400-6550 yuan / ton, and the Heilongjiang anhydrous market was 7150-7300 yuan / ton. The northeast closing position is about 6850-6900 yuan / ton. The superior enterprises in Central China offer 6840-6850 yuan / ton, and the price of no water is 7600 yuan / ton. The price of ethanol in East China is 6850-6900 yuan / ton. The price of anhydrous ethanol is 7650-7750 yuan / ton, and the general price in southern Jiangsu is 7000-7150 yuan / ton. Cassava ethanol & nbsp;7200-7350 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2023/9/11	2023/9/8	Rise and fall
South China	Cassava is anhydrous	Guangxi	7850-7950	7850-7950	0/0
	Molasses 95%	Guangxi	-	-	-
	Cassava 95%	Guangxi	7200-7350	7200-7350	0/0
North China	Superior grade	Hebei	-	-	-
North China	No water	Hebei	7300-7350	7300-7350	0/0
Northeast China	General level	Jilin	6600-6700	6500-6550	+100/+100
	No water	Jilin	7250-7550	7200-7450	+50/+100
	General level	Jinzhou	6850-6950	6800-6850	+50/+100
	General level	Heilongjiang Province	6400-6550	6400-6550	0/0
East China	General level	Anhui Province	6850-6950	6850-6950	0/0
	No water	Anhui Province	7550-7650	7550-7650	0/0
	No water	Shandong	7600-7650	7600-7650	0/0
	General level	Shandong	6850-6900	6800-6850	+50/+50
	Superior grade	Shandong	6950-7150	6950-7150	0/0
	Send it to other places without water.	Shandong	7550-7700	7550-7700	0/0
	General level	Northern Jiangsu	6850-6900	6850-6850	0/+50
	No water	Northern Jiangsu	7650-7750	7600-7700	+50/+50
	General level	Southern Jiangsu	7000-7150	7000-7150	0/0
Central China	Superior grade	Henan	6840-6850	6750-6770	+90/+80
Central China	No water	Henan	7550-7600	7500-7550	+50/+50

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2023/9/11	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	2920-3100	High fat
Central China	Henan	Corn	2940-3030
Central China	Henan	DDGS	2940-2940
Thailand		Dried cassava	280-285
Shandong		Ethyl acetate	7600-7650	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	7750-7850
South China		Ethyl acetate	7850-7950

Future forecast: ethanol prices in China are expected to be strong in the short term. Northeast spot is not much, pre-holiday stock exists, enterprise order delivery support price is strong. The chemical industry in East China has a purchasing plan before the festival, and the order delivery supports the short-term price to remain strong. The spot of fuel is limited and the price is high.

Raw materials: corn ethanol: high price finishing, corn prices in central China are about to rise, negative corn price trend. At present, after ddgs prices rose to a high level, downstream resistance to high-end raw material procurement is high, and prices are weak. 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, Cofco Zhaodong normal, Wanli installation normal, Hongzhan 4 factory installations normal, Heilongjiang Shenglong shutdown, Zhongkegreen production, Fuyu Huitong shutdown; Fukang production, Tianyu production, Shuntong shutdown, Dongfeng Huafang downtime, Xintianlong normal, Liniu shutdown. East China Flower Hall normal, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe production, Romat production, sul shutdown, Fulaichun continued shutdown, Maibo Huihui shutdown, MINUSTAH production. The production of Mengzhou plant in Henan province has been reduced. Jufeng shuts down. Chifeng Ruiyang production, Zalantun production. Jilin fuel is normal, Guotou Tieling production. Tianguan Nanyang production. Guotou Jidong 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	Feed from August 10 to August 31
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	The two lines will be inspected from 31 July to 20 August.
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
Guotou Jidong	30	30	Feed in early September