[Ethanol Daily Review]: China's ethanol market trends on October 30

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October 30, 2023, 4:52 PM

The price index of general-grade ethanol was 6356.00 on October 30th, up from-55.5 on the previous working day.

& nbsp; the price of ethanol market in China is weak in the region. Hot spots on October 30: first, Henan premium prices are stable, and waterless transactions are slightly weaker. Second, the price in East China will be reduced by 50 yuan per ton. Third, the price of Jilin in Northeast China has been lowered by 50 yuan per ton, and that of Heilongjiang by 50 yuan. Fourth, the bidding price of ethyl acetate has been lowered. Fifth, the price of coal-based ethanol has been lowered. Sixth, the purchasing price of China chain in the region continues to weaken. 7. The price of cassava fob in Thailand is reduced.

Specifically, the quotations of large factories in Northeast China are weakening slightly, waiting for downstream feedback. The thick source plant in Henan was shut down, the prices of other factories were stable, and the transaction price of Henan without water weakened slightly. The price in East China has been reduced by 50 yuan per ton, and the rigid demand of the chemical industry is waiting for the price to land. Fuel prices are weak. 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 6400-6500 yuan / ton, Jilin no water 7100-7300 yuan / ton. The general level of Heilongjiang market is 6300-6500 yuan / ton, some factories have low prices, and Heilongjiang anhydrous market is 7100-7250 yuan / ton. The northeast closing position is about 6700-6750 yuan / ton. The superior enterprises in Central China offer 6850-6900 yuan / ton, and the water-free price is 7450-7700 yuan / ton. The price of ethanol in East China is 6800 yuan / ton. The price of anhydrous ethanol is 7550-7650 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	2023/10/30	2023/10/28	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	-	-	-
North China	No water	Hebei	7300-7400	7400-7600	-100/-200
Northeast China	General level	Jilin	6400-6500	6450-6600	-50/0
	No water	Jilin	7100-7300	7150-7350	-50/-50
	General level	Jinzhou	6700-6750	6750-6850	-50/-100
	General level	Heilongjiang Province	6300-6500	6350-6600	-50/-100
East China	General level	Anhui Province	-	6900-6900	0/0
	No water	Anhui Province	7650-7650	7700-7700	-50/-50
	No water	Shandong	7500-7550	7500-7650	0/-100
	General level	Shandong	6800-6850	6800-6850	0/0
	Superior grade	Shandong	6900-7150	6900-7300	0/-150
	Send it to other places without water.	Shandong	7400-7550	7500-7650	-100/-100
	General level	Northern Jiangsu	6800-6800	6850-6850	-50/-50
	No water	Northern Jiangsu	7550-7650	7650-7750	-100/-100
	General level	Southern Jiangsu	7100-7100	7100-7100	0/0
Central China	Superior grade	Henan	6850-6900	6850-6900	0/0
Central China	No water	Henan	7450-7700	7500-7700	-50/0

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	2300-2400	High fat
Central China	Henan	Corn	2690-2750
Central China	Henan	DDGS	2350-2400
Thailand		Dried cassava	275-279
Shandong		Ethyl acetate	6700-6710	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6800-6850
South China		Ethyl acetate	6800-6900

Future forecast: short-term regional trend of China's ethanol market. The prices in Northeast China are weak and wait for market feedback. The lower prices of small factories affect part of the market mentality. Henan Houyuan plant is overhauled and the short-term price is stable, but the current price is higher than that of chemical consumption closure in other regions. East China chemical rigid demand procurement support, price arrangement. Weak arrangement in fuel.

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 Hongda production, Baoquanling shutdown, Luobei production, Cofco Zhaodong normal, Wanli installation normal, Hongzhan 4 factories normal, Heilongjiang Shenglong production, Zhongke Green production, Fuyu Huihai 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. Houyuan, Mengzhou, Henan Province, downtime, other normal. 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 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
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	From 27 May to 20 July, Phase II from September 25 to October 9
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