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[Ethanol Daily Review]: China's ethanol market trends on November 28

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November 28, 2023, 4:21 PM

On November 28th, the price index of general-grade ethanol was 6192.50, up from-1.5 on the previous working day.

 

& nbsp; the price of ethanol in China is stable. November 28 hot spot: first, Henan excellent price is stable, high-end price disappears. Second, prices in East China are stable. Third, prices in Northeast China are stable. Fourth, the bidding price of ethyl acetate is stable. Fifth, the arrangement of high freight rates. Sixth, the chemical downstream rigid demand procurement, the transaction price is higher than the previous trading day shock.

Specifically, the northeast region ethanol price trend is stable, Heilongjiang to part of the regional freight rate is high, sent to the higher price, enterprise order delivery. The trend of superior price in Henan area is stable and orders are delivered. Changxing in East China is about to produce products, chemical rigid demand purchase order delivery, enterprise quotation remains stable. Northeast enterprise Jilin market price 6250-6350 yuan / ton, Jilin no water 6950-7150 yuan / ton. The general grade of Heilongjiang market is 6050-6200 yuan / ton, and the Heilongjiang anhydrous market is 6800-6900 yuan / ton. The northeast closing position is about 6650-6750 yuan / ton. The superior enterprises in Central China offer 6650-6650 yuan / ton, and the price of no water is 7400 yuan / ton. The price of ethanol in East China is 6750 yuan / ton. The price of anhydrous ethanol is 7450-7550 yuan / ton, and the general price in southern Jiangsu is 6850-6950 yuan / ton. Cassava ethanol & nbsp;6900-6950 yuan / ton in Guangxi, South China.

& nbsp;                                     unit: yuan / ton

Area

Specifications

Market

2023/11/28

2023/11/27

Rise and fall

 

South China

Cassava is anhydrous

Guangxi

7500-7600

7500-7600

0/0

 

Molasses 95%

Guangxi

-

-

-

 

Cassava 95%

Guangxi

6900-6950

6900-6950

0/0

 

North China

Superior grade

Hebei

-

-

-

 

No water

Hebei

7250-7350

7250-7350

0/0

 

Northeast China

General level

Jilin

6250-6300

6250-6300

0/0

 

No water

Jilin

6900-7100

6900-7100

0/0

 

General level

Jinzhou

6650-6700

6650-6700

0/0

 

General level

Heilongjiang Province

6050-6200

6050-6200

0/0

 

East China

General level

Anhui Province

6850-6990

6850-6990

0/0

 

No water

Anhui Province

7450-7600

7450-7600

0/0

 

No water

Shandong

7450-7500

7450-7500

0/0

 

General level

Shandong

6700-6750

6700-6750

0/0

 

Superior grade

Shandong

6850-7050

6850-7050

0/0

 

Send it to other places without water.

Shandong

7400-7500

7400-7500

0/0

 

General level

Northern Jiangsu

6750-6750

6750-6750

0/0

 

No water

Northern Jiangsu

7450-7550

7450-7550

0/0

 

General level

Southern Jiangsu

6850-6950

6850-6950

0/0

 

Central China

Superior grade

Henan

6650-6650

6650-6650

0/0

 

No water

Henan

7400-7400

7400-7400

0/0

 

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2023/11/28

Remarks

Northeast China

Jilin

Corn

2440-2480

 

Northeast China

Jilin

DDGS

2370-2460

 

Northeast China

Heilongjiang Province

Corn

2330-2380

Less transactions at a low price

Northeast China

Heilongjiang Province

DDGS

2200-2450

High fat

Central China

Henan

Corn

2640-2700

 

Central China

Henan

DDGS

2450-2600

 

Thailand

 

Dried cassava

268-279

 

Shandong

 

Ethyl acetate

6350-6400

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

6500-6550

 

South China

 

Ethyl acetate

6600-6700

 

It is predicted that the ethanol market in China is stable in the short term, the price in Northeast China is stable, the order delivery is high, the logistics price is high, the short-term supply of goods in East China is increased, and the short-term price of chemical order delivery is stable. Henan does not rule out chemical replenishment.

Raw material: corn ethanol: China's corn fell to a low level in the early period, and farmers lost money and sold at a low price, but recently prices rebounded slightly and remained stable. At present, the price is weak under the weak demand for ddgs. In the aspect of dry cassava: enterprises have rigid demand for procurement, Thailand is willing to raise the price obviously, and the sales of dry cassava inventory are expected to be arranged at a high price in the short term. The market is low in price and average in quality.

Supply: northeast start: Dongning Hongda shutdown, Baoquanling shutdown, Luobei production, Cofco Zhaodong unstable, Wanli installation normal, Hongzhan 4 factories normal, Heilongjiang Shenglong production, Zhongkegreen production, Fuyu Huihai production; Fukang production, Tianyu production, Shuntong production, Dongfeng Huafeng production, Xintianlong normal, Liuniu production. Huadong Huatian production, Guannan shutdown, Jin Changlin downtime, Guohua shutdown, Changxing production, Longhe downtime, Romat production, sul shutdown, Fulaichun shutdown, Maibo Huihui shutdown, MINUSTAH production. Three factories in Mengzhou, Henan Province are 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: high price arrangement of logistics.

 

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

Production on October 8th

 

Heilongjiang Zhongke Green

10

10

Production on August 30th

 

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

It is expected to shut down in September 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

October production

 

Hanyong, Mengzhou, Henan Province

30

30

One-line production

 

Houyuan, Mengzhou, Henan Province

50

50

Open on May 21 and shut down on October 26th

 

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, November 6, November 25 or so.

 

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, instability in November

 

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

July 3 device stop feeding August 21 feeding November 3 shutdown

 

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.