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[Ethanol Daily Review]: China's ethanol market trends on October 25

90,953
October 25, 2023, 4:42 PM

On October 25th, the price index of general-grade ethanol was 6428.50, which was stable from the previous working day.

 

The price of ethanol in China is stable. October 25 hot spots: first, Henan superior prices are stable. Second, prices in East China are stable. Third, the price in Northeast China is stable. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal-based ethanol is stable, with a small number of transactions. Sixth, the purchasing price of China chain in the region is weak.

Specifically, the northeast region order delivery, the price is stable, part of the factory price is not high. The superior price in Henan area is stable and the shipment is general. The price in East China is stable and the shipment is general. In the case of poor demand, the purchasing price of China chain in the region is weak. Northeast enterprise Jilin market price 6500-6650 yuan / ton, Jilin no water 7150-7350 yuan / ton. The general grade of Heilongjiang market is 6350-6600 yuan / ton, and the Heilongjiang anhydrous market is 7150-7300 yuan / ton. The northeast closing position is about 6750-6850 yuan / ton. The superior enterprises in Central China are quoted at 6800 yuan / ton, and the water-free price is 7550-7700 yuan / ton. The price of ethanol in East China is 6850 yuan / ton. The price of anhydrous ethanol is 7700-7800 yuan / ton, and the general price in southern Jiangsu is 7100 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;7200 yuan / ton.

& nbsp;                                     unit: yuan / ton

Area

Specifications

Market

2023/10/25

2023/10/24

Rise and fall

 

South China

Cassava is anhydrous

Guangxi

7850-7950

7850-7950

0/0

 

Molasses 95%

Guangxi

-

-

-

 

Cassava 95%

Guangxi

7200-7200

7200-7200

0/0

 

North China

Superior grade

Hebei

-

-

-

 

No water

Hebei

7400-7600

7400-7600

0/0

 

Northeast China

General level

Jilin

6500-6650

6650-6750

0/0

 

No water

Jilin

7150-7350

7150-7350

0/0

 

General level

Jinzhou

6750-6850

6750-6850

0/0

 

General level

Heilongjiang Province

6350-6600

6450-6600

0/0

 

East China

General level

Anhui Province

6900-6900

6900-6900

0/0

 

No water

Anhui Province

7800-7800

7800-7800

0/0

 

No water

Shandong

7500-7650

7500-7650

0/0

 

General level

Shandong

6820-6850

6820-6850

0/0

 

Superior grade

Shandong

6900-7300

6900-7300

0/0

 

Send it to other places without water.

Shandong

7500-7650

7500-7650

0/0

 

General level

Northern Jiangsu

6850-6850

6850-6850

0/0

 

No water

Northern Jiangsu

7650-7750

7650-7750

0/0

 

General level

Southern Jiangsu

7100-7100

7100-7100

0/0

 

Central China

Superior grade

Henan

6800-6800

6800-6800

0/0

 

No water

Henan

7650-7700

7650-7700

0/0

 

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2023/10/25

Remarks

Northeast China

Jilin

Corn

2440

 

Northeast China

Jilin

DDGS

2350-2450

 

Northeast China

Heilongjiang Province

Corn

2298-2308

Less transactions at a low price

Northeast China

Heilongjiang Province

DDGS

2300-2500

High fat

Central China

Henan

Corn

2690-2750

 

Central China

Henan

DDGS

2350-2400

 

Thailand

 

Dried cassava

278-285

 

Shandong

 

Ethyl acetate

6850-6870

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

6970-7000

 

South China

 

Ethyl acetate

6900-7000

 

Future forecast: short-term weak operation of China's ethanol market, fuel inventory increase of some enterprises, price stability or weak consolidation. The new order of edible ethanol is general, and the price is arranged and run. In Henan, if individual enterprises can shut down and overhaul as scheduled, the price remains stable, and if it cannot be stopped as scheduled, the price may be weak. Continue to pay attention to the installation situation in Henan area. East China shipments in general, the Northeast delivery price has an advantage, affecting East China shipments.

Raw material: corn ethanol: the price of Chinese corn is weak under the influence of regional quantity. Under Belt and Road Initiative's policy, the price of corn is weak. At present, the supply of ddgs is increasing, the demand is limited, and the price is down. 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 plant normal, Hongzhan 3 factory installation normal, Raha Phase II production, Huanan plant feeding, Heilongjiang Shenglong production, Zhongke Green production, Fuyu Huihai production; Fukang production, Tianyu production, Shuntong shutdown, Dongfeng Huafeng production, Xintianlong normal, Liuniu shutdown. East China Flower Hall production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Changxing production, Longhe production, Romat production, sul shutdown, Fulaichun continued downtime, Maibo Huihui shutdown, MINUSTAH production. The installation in Mengzhou, Henan Province is stable. Jufeng shuts down. Chifeng Ruiyang production, Zalantun production. Jilin fuel is normal, Guotou Tieling production. Tianguan Nanyang production. Guotou Jidong production. State Investment Helen production.

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

Logistics: logistics price weak arrangement.

 

Equipment maintenance table of Chinese ethanol enterprises

Enterprise name

Production capacity (10,000 tons / year)

Maintenance involves production capacity

Maintenance start time

Remarks

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 27-start on June 5, put in material from July 19 to September 16

 

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

Fire from 17 April to 9 October

 

National Investment Helen

30

30

April 12-May 24, September 20-September 26

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

Stop from May 27 to July 20, Phase II September 25

 

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-October 3

 

China Colleen

10

10

Feeding starts on August 22nd

 

Guotou Jidong

30

30

Feed in early September

 

Hongzhan Huannan

30

30

October 08-October 22

 

Remarks: all estimated downtime and production capacity are subject to the specific downtime of the factory.