[Ethanol Daily Review]: China's ethanol market trends on March 11

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March 11, 2024, 5:06 PM

On March 11th, the price index of general-grade ethanol was 5808.90, which was + 28.3 compared with the previous working day.

& nbsp; the price of ethanol in China is rising. March 11 hot spots: first, the superior price in Henan area has been reduced by 50 yuan per ton. Second, prices in East China have risen slightly. Third, Jilin big factory in the northeast region quoted an increase of 50 yuan per ton. Fourth, the bidding price of ethyl acetate has increased. Fifth, the freight rate has dropped. 6. Individual enterprises in East China produce products. 7. The equipment of the coal factory shall be shut down. 8. The purchasing price of China chain in the region has risen slightly.

Specifically, the prices of the main factories in the northeast Jilin region rose, orders were delivered, and the prices of large factories in Heilongjiang remained stable. The premium price in Henan area has been reduced, and the number of vehicles in front of the door has dropped. The quotation of enterprises in East China rose slightly, order delivery, downstream rigid demand procurement. The price of fuel ethanol was stable, and the purchase price of refining rose slightly. Northeast enterprise Jilin market price 5800-6000 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 6200 yuan / ton, and the water-free price is 6850-6900 yuan / ton. The price of ethanol in East China is 6300 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	2024/3/11	2024/3/8	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	5800-5950	5750-5900	+50/+50
	No water	Jilin	6400-6650	6350-6650	+50/0
	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	6200-6300	6200-6300	0/0
	No water	Anhui Province	6950-7000	6950-7000	0/0
	General level	Shandong	6200-6250	6200-6250	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	6300-6300	6280-6280	+20/+20
	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	6200-6200	6250-6250	-50/-50
Central China	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	2000-2100
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	6090-6120	Acceptance leaves the factory
Jiangsu Province		Ethyl acetate	6180-6230
South China		Ethyl acetate	6250-6300	Dongguan

Future forecast: China's ethanol market is expected to be stable. Enterprises in Northeast China are affected by cost side and continuous price reduction, so they have a higher mentality of pulling up and order delivery. The inventory of some enterprises has declined, the short-term prices have been stable, and the weak prices of shipments in Henan have been sorted out. The supply in East China has increased, and the price has been arranged and operated.

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 shutdown. 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 weak

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.