[Ethanol Daily Review]: China's ethanol market trends on March 4

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March 4, 2024, 4:43 PM

The price index of general-grade ethanol was 5768 on March 4th, which was stable compared with the previous working day.

& nbsp; the price of ethanol in China is stable. March 4 hot spots: first, prices in Henan are stable. Second, prices in East China are stable. Third, the prices in Jilin and Heilongjiang are stable in the northeast region. Fourth, the bidding price of ethyl acetate is stable. Fifth, logistics prices are weak. Sixth, the transaction price of geolian procurement is weak. Seventh, chemical rigid demand procurement transaction price weak finishing.

Specifically, the price in the northeast Jilin region remains stable, individual anhydrous devices are down, orders are delivered, the quotations of enterprises in Heilongjiang are stable, and some factories have not paid the price. The price in Henan is stable and the order is delivered. Individual enterprises in East China and South Jiangsu put into production, and prices in East China remained stable. The price of coal ethanol is stable. The price of fuel ethanol is stable and the order is delivered. Northeast enterprise Jilin market price 5750-5900 yuan / ton, Jilin no water 6350-6500 yuan / ton. The general level of Heilongjiang market is 5600-5800 yuan / ton, the low-end price is negotiable, and the Heilongjiang anhydrous market is 6300-6500 yuan / ton. The northeast closing position is about 6050-6100 yuan / ton. The superior enterprises in Central China are quoted at 6150 yuan / ton, and the water-free price is 6850-7000 yuan / ton. The price of ethanol in East China is 6250 yuan / ton. The price of anhydrous ethanol is 6900-6950 yuan / ton, and the general price in southern Jiangsu is 6420-6500 yuan / ton. Cassava ethanol & nbsp;6450-6550 yuan / ton in Guangxi, South China.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2024/3/4	2024/3/1	Rise and fall
South China	Cassava is anhydrous	Guangxi	7450-7550	7450-7550	0/0
	Molasses 95%	Guangxi	6450-6550	6450-6550	0/0
	Cassava 95%	Guangxi	6550-6600	6550-6600	0/0
North China	No water	Hebei	6600-6800	6600-6800	0/0
Northeast China	General level	Jilin	5750-5900	5750-5900	0/0
	No water	Jilin	6350-6500	6350-6500	0/0
	General level	Jinzhou	6050-6100	6050-6100	0/0
	General level	Heilongjiang Province	5600-5800	5600-5800	0/0
East China	General level	Anhui Province	6250-6300	6250-6300	0/0
	No water	Anhui Province	6950-7000	7000-7000	0/0
	General level	Shandong	6150-6250	6150-6250	0/0
	Superior grade	Shandong	6600-6850	6600-6850	0/0
	Send it to other places without water.	Shandong	6800-6900	6800-6900	0/0
	General level	Northern Jiangsu	6250-6250	6250-6250	0/0
	No water	Northern Jiangsu	6900-6950	6900-6950	0/0
	General level	Southern Jiangsu	6450-6500	6450-6500	0/0
Central China	Superior grade	Henan	6150-6150	6150-6150	0/0
Central China	No water	Henan	6850-7000	6850-7000	0/0

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2024/3/4	Remarks
Northeast China	Jilin	Corn	2220-2280
Northeast China	Jilin	DDGS	1980-2080
Northeast China	Heilongjiang Province	Corn	2080-2230	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	1820-2000	High fat
Central China	Henan	Corn	2460-2460
Central China	Henan	DDGS	2050
Thailand		Dried cassava	253-255
Shandong		Ethyl acetate	6000-6030	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6070-6100
South China		Ethyl acetate	6300-6400	Dongguan

Future forecast: China's ethanol market is expected to be stable, large manufacturers order shipments, raw material corn prices rise, cost side support, supply side negative. Prices in Henan remain stable and orders are delivered. East China chemical industry rigid demand procurement, the cost is high, but the early procurement of raw materials to Hong Kong gradually turned on. Large factories in Anhui are about to increase their general-level output.

Raw material: corn ethanol: corn prices rise in Northeast China. The price of ddgs goes up. In the aspect of dried cassava: the price of dried cassava is stable.

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. East China Flower Hall production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Kant shutdown, Changxing feeding, Longhe downtime, Romat production, sul shutdown, Fulaichun shutdown, canal wind production, Maibo Huihui shutdown, and 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	Normal
Jilin Fukang	50	4	Normal
Heilongjiang Hexing grain and oil	3	3	Stop the machine
Inner Mongolia Shuntong	12	12	Shut down on January 23rd
Heilongjiang Zhongke Green	10	10	Normal
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 the machine
Shuyang Guohua	5	5	Stop the machine
Anhui COFCO	75	30	Universal downtime in January
Anhui Wuhechun	8	8	Stop the machine
Jilin Xintianlong	30	30	Normal
Heilongjiang Sheng long	15	15	Production after the Spring Festival
Inner Mongolia Liniu	10	10	Normal
Hanyong, Mengzhou, Henan Province	30	30	Normal
Houyuan, Mengzhou, Henan Province	50	50	Normal
Jilin Dongfeng Hua Grain	10	10	Normal
National Investment Helen	30	30	Normal	Fuel fuel
Guotou Jidong	30	30	Normal	Fuel fuel
Zhenjiang Changxing	10	10	The machine was shut down on January 31 and put in material on March 4th.
Jin Changlin in Lianyungang	5	5	Stop the machine
Hongzhang, ha.	60	30	Normal
Fukang	50	50	Normal
Tianyu	15	15	The anhydrous device was shut down on March 1st and other normal conditions.
Cofco Zhaodong	30	10	The food shutdown is expected to be fed on March 1.
Chifeng Ruiyang	8	8	Normal
Hongzhan Tahiko	30	30	Normal
Wanli Runda	60	60	Normal
Lianyungang Longhe River	10	10	Stop the machine
Jiangsu sul alcohol	12	12	Stop the machine
Liaoyuan giant peak	50	50	Stop the machine
Zalantun	10	10	Normal
Shandong Yingxuan	20	20	Normal
Jilin fuel	70	70	Normal
Guotou Tieling	30	30	Normal
Henan Nanyang Tianguan	30	30	Normal
Romet.	5	5	Stop the machine
Fuyu Huihai	5	5	Stop the machine
China Colleen	10	10	Normal
Guotou Jidong	30	30	Normal
Hongzhan Huannan	30	30	Normal
Jiangsu Flower Hall	25	25	The small line of the plant was restored on January 8, and all the east plants were restored in the middle of January.