[Ethanol Daily Review]: China's ethanol market trends on March 20

The price index of general-grade ethanol was 5743.50 on March 20, up from-18.5 on the previous working day.

& nbsp; individual prices in China's ethanol market are weaker. Hot spots on March 20: first, prices in Henan remain stable. Second, the price of general-grade / superior-grade ethanol in East China will be reduced by 50 yuan per ton. 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.

Specifically, the price in the northeast region remains stable, the enterprise is willing to raise the price obviously, and the early order is delivered. The price in Henan is stable, the order is delivered, waiting for the sugar and wine meeting order. East China quotation reduced by 50 yuan / ton, chemical rigid demand procurement transaction price lower than the previous day transaction price. 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 and the supply is increasing. 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. Downstream demand is limited, some shipments are weak. East China ethanol enterprises are losing money in production, shipping is general, and chemical industry has a procurement plan. It is expected that the price fluctuates slightly, the output of coal-based ethanol increases, and the market competition intensifies.

Raw material: corn ethanol: the rise of corn prices in Northeast China is slowing down. 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.