< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

[Ethanol Daily Review]: China's ethanol market trends on March 8

81,917
March 8, 2024, 4:46 PM

The price index of general-grade ethanol was 5769.50 on March 8th, stable from the previous working day.

 

& nbsp; the price of ethanol in China remains stable. March 8 hot spots: first, prices in Henan are stable. Second, prices in East China are stable. Third, prices in Northeast China are stable. Fourth, the bidding price of ethyl acetate is stable. Fifth, downstream chemical rigid demand procurement, the transaction price is not high. Sixth, the transaction price of chemical industry is weak.

Specifically, the main factories in the northeast Jilin region stop taking orders at a low price; Heilongjiang region orders delivery, the price is stable, individual enterprises ship goods. The price trend of order delivery in Henan is stable. Enterprises in East China have stable quotations, order delivery and downstream rigid demand procurement. Northeast enterprise Jilin market price 5750-5950 yuan / ton, Jilin no water 6350-6650 yuan / ton. The general grade of Heilongjiang market is 5600-5850 yuan / ton, and the Heilongjiang anhydrous market is 6300-6500 yuan / ton. The northeast closing position is about 6100-6200 yuan / ton. The superior enterprises in Central China are quoted at 6250 yuan / ton, and the water-free price is 6850-6900 yuan / ton. The price of ethanol in East China is 6280 yuan / ton. The price of anhydrous ethanol is 6900-6950 yuan / ton, and the general price in southern Jiangsu is 6450 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6400 yuan / ton.

& nbsp;                                     unit: yuan / ton

Area

Specifications

Market

2024/3/8

2024/3/7

Rise and fall

South China

Cassava is anhydrous

Guangxi

7250-7250

7250-7250

0/0

Molasses 95%

Guangxi

6400

6400

0/0

Cassava 95%

Guangxi

6400-6400

6400-6400

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

6350-6650

6350-6650

0/0

General level

Jinzhou

6100-6200

6100-6200

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

6950-7000

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

6750-6800

6750-6800

0/0

General level

Northern Jiangsu

6280-6280

6280-6280

0/0

No water

Northern Jiangsu

6900-6950

6900-6950

0/0

General level

Southern Jiangsu

6450-6450

6450-6450

0/0

Central China

Superior grade

Henan

6280-6280

6280-6280

0/0

No water

Henan

6850-6900

6850-6900

0/0

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2024/3/8

Remarks

Northeast China

Jilin

Corn

2220-2280

 

Northeast China

Jilin

DDGS

1980-2080

 

Northeast China

Heilongjiang Province

Corn

2150-2230

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

2250

 

Thailand

 

Dried cassava

253-255

 

Shandong

 

Ethyl acetate

6010-6040

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

6080-6150

 

South China

 

Ethyl acetate

6250-6350

Dongguan

Future forecast: it is expected that China's ethanol market will be stable or rising, and the cost in Northeast China will rise. Recently, some enterprises have signed more contracts, some of them are not full, and orders are delivered. Henan area order delivery, enterprise order delivery, price maintenance. With the increase of short-term supply in East China, the recent orders of enterprises are OK, but if the shipping enterprises have a positive attitude of shipping, it will affect the trend of ethanol prices in East China.

Raw material: corn ethanol: corn prices rise in Northeast China. Ddgs price is stable. 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. Huadong Huatian production, Guannan shutdown, Jin Changlin shutdown, Guohua shutdown, Kant downtime, Changxing production, Longhe downtime, Romat production, sul shutdown, Fulaichun shutdown, canal wind production, Maybo 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

The short stop for 3 months is 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.

 

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