[Ethanol Daily Review]: China's ethanol market trends on February 23

The price index of general-grade ethanol was 5802 on February 23rd, which was stable compared with the previous working day.

& nbsp; the price of ethanol in China is stable. February 23 hot spots: first, Henan superior prices are stable. Second, the price of East China will be reduced by 50 yuan per ton. Third, Jilin Dachang in Northeast China is stable and Heilongjiang Dachang is stable. Fourth, the bidding price of ethyl acetate goes down. Fifth, the price of coal ethanol is stable. Sixth, logistics prices are rising. The price of corn has risen.

Specifically, the quotations of enterprises in Northeast China are stable, and some orders are delivered. The superior price in Henan is stable and the order is delivered. East China price price cut by 50 yuan / ton, the transaction is average, some local logistics are affected by snowfall. The price of coal ethanol is stable. Northeast enterprise Jilin market price 5800-5950 yuan / ton, Jilin no water 6400-6650 yuan / ton. The general grade of Heilongjiang market is 5600-5800 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 6900-7000 yuan / ton. The price of ethanol in East China is 6300 yuan / ton. The price of anhydrous ethanol is 7000-7050 yuan / ton, and the general price in southern Jiangsu is 6420-6500 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6500 yuan / ton.

& nbsp;                                     unit: yuan / ton

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Future forecast: the trend of ethanol price in China is expected to be stable and weak in the short term. The equipment of large factories in Northeast China is in normal operation, the inventory accumulated during the Spring Festival, and some of the inventory is sent to the port to continue to observe the inventory situation of large factories. The trend of corn price also affects the trend of ethanol price. Construction in East China increased in March, which is expected to affect the trend of ethanol prices in East China in the later stage. After the continuous decline in prices in Henan, orders are general, snowfall weather affects the speed of delivery. The new products of coal-based ethanol were put into market in March, which affected the price trend of coal-based ethanol.

Raw material: corn ethanol: corn prices rise in China. 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 shutdown; Fukang production, Tianyu production, Shuntong short-term downtime, Dongfeng Huafeng production, new Tianlong normal, Liuniu production. Huadong Huatian production, Guannan shutdown, Jin Changlin downtime, Guohua downtime, Kant downtime, Changxing production, Longhe downtime, Romat production, sul production, Fulaichun shutdown, Maibo Huihui 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

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