[Ethanol Daily Review]: China's ethanol market trends on March 19

The price index of general-grade ethanol was 5762 on March 19th, which was stable compared with the previous working day.

& nbsp; the price of ethanol in China is stable. Hot spots on March 18: first, prices in Henan remain stable. Second, prices in East China remain stable. Third, prices in Northeast China are stable. Fourth, the bidding price of ethyl acetate is reduced by 50 yuan / ton. Fifth, the purchase transaction price of chemical rigid demand is weak. 6. The purchase price of Gezhan is stable. The outer plate price of dried cassava is weak.

Specifically, the price in the northeast region remains stable and the previous order is delivered. The price in Henan is stable, the order is delivered, waiting for the sugar and wine meeting order. The quotation in East China is stable, and the purchase transaction price of chemical rigid demand is lower than that of the previous day. The price of fuel ethanol remains stable and mainly deals with order delivery. Regional local refinery rigid demand procurement delivery price is stable. The price of coal-based ethanol is stable. 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 6000 yuan / ton and the water-free price is 6800 yuan / ton. The price of ethanol in East China is 6200 yuan / ton. The price of anhydrous ethanol is 6800-6850 yuan / ton, and the general price in southern Jiangsu is 6400 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6350 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 big factory is willing to raise the price obviously, the early order delivers the goods. The price in Henan is weak, waiting for the order situation after the sugar and wine meeting is over. Although the cost in East China has declined, the production of enterprises is still at a loss, the shutdown enterprises have no start-up plan, and some non-local sources of goods are consumed, and the impact of non-local prices is greater. The supply of coal-based ethanol increased in the short term, and the market fluctuated slightly. Fuel ethanol production of large factories is not much at present, pre-order delivery.

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.