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[Ethanol Daily Review]: China's ethanol market trends on October 27

91,917
October 27, 2023, 4:44 PM

On October 27th, the price index of general-grade ethanol was 6411.50, which was + 4.5 compared with the previous working day.

 

& nbsp; China's ethanol market varies from one to another and fluctuates regionally. Hot spots on October 27th: first, the superior price of Henan rose 50-100 yuan / ton yesterday. Second, prices in East China are stable. Third, the prices of individual factories in Northeast Jilin have been reduced by 50 yuan / ton, while others remain stable. Fourth, the bidding price of ethyl acetate has been lowered. Fifth, the price of individual coal-based ethanol will be reduced by 100 yuan per ton, with a small number of transactions. Sixth, the purchasing price of China chain in the region continues to weaken.

Specifically, the shipping mentality of individual factories in Jilin in Northeast China has been actively reduced by 50 yuan / ton, while others have maintained a stable trend and pre-order delivery. Yesterday, the superior price in Henan area rose 50-100 yuan / ton, shipping in general. The price in East China is stable and the shipment is general. Coal-based ethanol shipments are not good, prices continue to weaken. Refinery purchase prices in the region continue to weaken. Northeast enterprise Jilin market price 6450-6650 yuan / ton, Jilin no water 7150-7350 yuan / ton. The general level of Heilongjiang market is 6350-6600 yuan / ton, and there is a low price in some cases, and the anhydrous market in Heilongjiang is 7150-7300 yuan / ton. The northeast closing position is about 6700-6850 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

2023/10/27

2023/10/26

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

6450-6650

6500-6650

-50/0

 

No water

Jilin

7150-7350

7150-7350

0/0

 

General level

Jinzhou

6750-6850

6750-6850

0/0

 

General level

Heilongjiang Province

6350-6600

6350-6600

0/0

 

East China

General level

Anhui Province

6900-6900

6900-6900

0/0

 

No water

Anhui Province

7700-7700

7700-7700

0/0

 

No water

Shandong

7500-7650

7500-7650

0/0

 

General level

Shandong

6800-6850

6800-6850

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

6850-6900

6800-6800

+50/+100

 

No water

Henan

7500-7700

7500-7700

0/0

 

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2023/10/27

Remarks

Northeast China

Jilin

Corn

2340-2440

 

Northeast China

Jilin

DDGS

2350-2420

 

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

6750-6770

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

6870-6900

 

South China

 

Ethyl acetate

6900-7000

 

Future forecast: short-term regional trend of China's ethanol market. Some enterprises in Northeast China are in a bad mentality and their prices are weak. Individual enterprises in Henan have downtime plans, and prices are rising, but other factories are limited to follow up, and Henan is expected to sort out in the short term. At present, the output in East China is limited and the price is expected to be stable.

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, Luobei production, Cofco Zhaodong normal, Wanli installation normal, Hongzhan 4 factories normal, Heilongjiang Shenglong production, Zhongke Green production, Fuyu Huitong production; Fukang production, Tianyu production, Shuntong production, Dongfeng Huafeng production, Xintianlong normal, Li Niu 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, Zhalantun production, Inner Mongolia Jietainuo plant 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.