[Ethanol Daily Review]: China's ethanol market trends on March 15

The price index of general-grade ethanol was 5800.50 on March 15th, which was stable compared with the previous working day.

& nbsp; China's ethanol market is stable. March 15 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, the transaction price of chemical industry has dropped. Sixth, the earth refinery rigid demand procurement. Seventh, the price of dried cassava is weak.

Specifically, the price of the factory in Northeast China is stable and the early order is delivered. Prices in Henan are stable and some orders are signed. The quotation of enterprises in East China is stable, the chemical industry has rigid demand for procurement, and the transaction price is weak. The price of fuel ethanol remained stable, and some local refineries had rigid demand for procurement. Northeast enterprise Jilin market price 5800-5950 yuan / ton, Jilin no water 6400-6550 yuan / ton. The general grade of Heilongjiang market is 5650-5850 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 6100 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 6850-6900 yuan / ton, and the general price in southern Jiangsu is 6400-6450 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6400 yuan / ton.

& nbsp;                                     unit: yuan / ton

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Future forecast: China's ethanol market is expected to be stable or fluctuate slightly. The northeast part of the early order execution, part of the source of goods to the port, the cost of high support, but the downstream demand is limited, and part of the trade shipping mentality is positive, the short-term price is expected to be stable. Prices in Henan fall to a low, waiting for orders for chemicals and spirits, and prices will rebound when orders increase. Order delivery in East China, the price may be stable or small fluctuations. Large manufacturers of fuel ethanol mainly order delivery, the output is limited, the price is stable. After the late supply of coal-based ethanol increases, the market game.

Raw material: corn ethanol: corn prices rise in Northeast China. The price of ddgs fluctuates slightly. In the aspect of dried cassava: the price of dried cassava fluctuates in a narrow range.

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 stable

Equipment maintenance table of Chinese ethanol enterprises

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