[Ethanol Daily Review]: China's ethanol market trends on February 19

86,166

February 19, 2024, 5:16 PM

On February 19th, the price index of general-grade ethanol was 5823.5, up from-30.75 in the previous working day.

& nbsp; part of the price of ethanol market in China is weak. February 19 hot spots: first, Henan premium prices continued to decline yesterday. Second, prices in East China are stable. Third, the price of Jilin Dachang in Northeast China is stable and the live ammunition is negotiable. Fourth, the bidding price of ethyl acetate in large factories has declined slightly. Fifth, the price of coal ethanol is stable. Sixth, the price of fuel is stable. Seventh, the transaction price of the earth refining fluctuates slightly. The freight rates of some lines have increased slightly. IX. The transaction price of the chemical industry is weak.

Specifically, the price of Jilin factory in Northeast China is stable, live ammunition can be negotiated, and the quotation of individual factories has been reduced by 50 yuan / ton. The new price of the big factory in Heilongjiang has not been paid yet. Yesterday, the superior price in Henan continued to be reduced by 50 yuan / ton, and the shipment was general. The price of East China is stable, and the transaction price of chemical industry is weaker. The price of coal-based ethanol is stable and the shipping mentality is positive. The quotation of fuel ethanol enterprises is stable, the shipping mentality of some trade goods is positive, and the transaction price is slightly weaker. Northeast enterprise Jilin market price 5850-6000 yuan / ton, Jilin no water 6400-6650 yuan / ton. The general grade of Heilongjiang market is 5700-5900 yuan / ton, and the Heilongjiang anhydrous market is 6400-6600 yuan / ton. The northeast closing position is about 6150-6400 yuan / ton. The superior enterprises in Central China are quoted at 6150 yuan / ton, and the water-free price is 6900-7050 yuan / ton. The price of ethanol in East China is 6350 yuan / ton. The price of anhydrous ethanol is 7050-7100 yuan / ton, and the general price in southern Jiangsu is 6550 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6500 yuan / ton.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2024/2/19	2024/2/18	Rise and fall
South China	Cassava is anhydrous	Guangxi	7300-7500	7300-7500	0/0
	Molasses 95%	Guangxi	6500-6600	6500-6600	0/0
	Cassava 95%	Guangxi	6550-6600	6550-6600	0/0
North China	No water	Hebei	6750-6800	6750-6800	0/0
Northeast China	General level	Jilin	5850-6000	5850-6000	0/0
	No water	Jilin	6400-6650	6400-6650	0/0
	General level	Jinzhou	6150-6400	6150-6400	0/0
	General level	Heilongjiang Province	5700-5900	5700-5900	0/0
East China	General level	Anhui Province	6350-6500	6350-6500	0/0
	No water	Anhui Province	7050-7200	7050-7200	0/0
	General level	Shandong	6270-6350	6270-6350	0/0
	Superior grade	Shandong	6600-6800	6600-6800	0/0
	Send it to other places without water.	Shandong	6950-7000	6950-7000	0/0
	General level	Northern Jiangsu	6350-6350	6350-6350	0/0
	No water	Northern Jiangsu	7050-7100	7050-7100	0/0
	General level	Southern Jiangsu	6500-6600	6500-6600	0/0
Central China	Superior grade	Henan	6150-6150	6200-6200	-50/-50
Central China	No water	Henan	6900-7050	6900-7050	0/0

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2024/2/19	Remarks
Northeast China	Jilin	Corn	2150-2200
Northeast China	Jilin	DDGS	1980-2000
Northeast China	Heilongjiang Province	Corn	2045-2100	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	1750-1850	High fat
Central China	Henan	Corn	2430-2440
Central China	Henan	DDGS	1800-1950
Thailand		Dried cassava	252-255
Shandong		Ethyl acetate	6270-6270	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6350-6400
South China		Ethyl acetate	6350-6450	Dongguan

Future forecast: the trend of ethanol price in China is expected to be stable and weak in the short term. After the price of the northeast big factory landed, wait for the downstream purchase situation. General price arrangement of shipments in Henan area. East China Chemical short-term procurement plan, the price is expected to be weak.

Raw material: corn ethanol: corn prices in China are stable. Ddgs price weak finishing. Dry cassava: increased purchase of cassava starch leads to higher prices

Supply: northeast start: Dongning Hongda shutdown, Baoquanling shutdown, Luobei shutdown, Cofco Zhaodong excellent stop fuel production, Wanli installation is normal, Hongzhan 4 factories are normal, Heilongjiang Shenglong production, China Kegring production, Fuyu Huihai production; Fukang production, Tianyu production, Shuntong short-term shutdown, Dongfeng Huafeng production, Xintianlong normal, Liuniu production. East China Huating small line production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Kant downtime, Changxing production, Longhe downtime, Romat production, suol production, Fulaichun continued downtime, Maybohui shutdown, MINUSTAH production. Hanyong, Mengzhou, Henan is normal, Huaxing is normal, Houyuan is 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. Ethanol production, a by-product of Baling Petrochemical.

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	Power on from April 15 to May 6
Jilin Fukang	50	4	March 28th
Heilongjiang Hexing grain and oil	3	3	Late March
Inner Mongolia Shuntong	12	12	Production was shut down on October 8 and January 23.
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	April 20 has been put into production in September and shut down for production in December.
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	Normal 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	June 5 stop feeding-June 20 July 15 shutdown July 31 fuel production, food feeding on August 15, December 1 unstable
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 plant was shut down from July 3 to December 21.
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 feeding production 12 early shutdown to resume
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
Jiangsu Flower Hall	25	25	The plant was shut down in late December and resumed on January 8. The small line of the plant was restored in mid-January.