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[Ethanol Daily Review]: China's ethanol market trends on March 25

84,712
March 25, 2024, 4:45 PM

The price index of general-grade ethanol was 5732.75 on March 25th, which was stable compared with the previous working day.

 

& nbsp; China's ethanol market fluctuates slightly. March 25 hot spots: first, Henan premium prices fluctuated slightly. Second, the price of ethanol in East China is stable. Third, the prices of individual enterprises in Northeast China are weak, while others offer prices on Tuesday. Fourth, the bidding price of ethyl acetate rose by 50 yuan per ton. Fifth, the transaction price of the earth refinery has gone down. Sixth, the price of coal-based ethanol is weak. 7. The price of dried cassava goes down.

Specifically, the inventory of enterprises in Northeast China has increased, individual enterprises have lowered their quotations by 50 yuan / ton, and other prices have been offered on Tuesday. After rising in Henan late last week, individual prices fell by 50 yuan per ton. The price of ethanol in East China is stable, the shipment is general, and the output fluctuates slightly. Fuel ethanol is not out, the market bearish mentality is high. The purchase of the earth chain is sent to the price to fall. The price of coal-based ethanol dropped significantly, and all the big factories sold at auction today. Northeast enterprise Jilin market price 5800-5950 yuan / ton, Jilin no water 6400-6550 yuan / ton. The general grade of Heilongjiang market is 5650-5750 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 offer 6000-6050 yuan / ton, and the price of no water is 6800 yuan / ton. The price of ethanol in East China is 6150 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. Coal ethanol in western China is 5750 yuan / ton. Henan coal ethanol 6100 yuan / ton, Anhui has not yet produced.

& nbsp;                                     unit: yuan / ton

Area

Specifications

Market

2024/3/25

2024/3/22

Rise and fall

South China

Cassava is anhydrous

Guangxi

7000-7050

7000-7050

0/0

Molasses 95%

Guangxi

6600

6600

0/0

Cassava 95%

Guangxi

6350-6400

6350-6400

0/0

North China

No water

Hebei

6600-6800

6600-6800

0/0

Northeast China

General level

Jilin

5800-5900

5800-5900

0/0

No water

Jilin

6400-6600

6400-6600

0/0

General level

Jinzhou

6100-6200

6100-6200

0/0

General level

Heilongjiang Province

5650-5800

5650-5800

0/0

East China

General level

Anhui Province

6150-6150

6200-6200

-50/-50

No water

Anhui Province

6850-6850

6950-6950

-100/-100

General level

Shandong

6050-6150

6050-6150

0/0

Superior grade

Shandong

6600-6800

6600-6800

0/0

Send it to other places without water.

Shandong

6700-6800

6700-6800

0/0

General level

Northern Jiangsu

6150-6150

6150-6150

0/0

No water

Northern Jiangsu

6800-6850

6800-6850

0/0

General level

Southern Jiangsu

6400-6400

6400-6400

0/0

Central China

Superior grade

Henan

6000-6050

6000-6050

0/0

No water

Henan

6750-6800

6800-6800

-50/0

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2024/3/25

Remarks

Northeast China

Jilin

Corn

2280-2340

 

Northeast China

Jilin

DDGS

2150-2250

 

Northeast China

Heilongjiang Province

Corn

2160-2240

Less transactions at a low price

Northeast China

Heilongjiang Province

DDGS

2100-2250

High fat

Central China

Henan

Corn

2300-2340

 

Central China

Henan

DDGS

2350

 

Thailand

 

Dried cassava

242-246

 

Shandong

 

Ethyl acetate

5950-5930

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

5960-6050

 

South China

 

Ethyl acetate

6150-6200

Dongguan

Future forecast: China's ethanol market is expected to fluctuate in a narrow range. The transaction of new orders in Northeast China is general, the inventory of enterprises increases slightly, some enterprises have the willingness to ship goods, and the price may fluctuate, but based on the high price of raw materials, the space for price fluctuation of cost support is limited. The general price of shipments in Henan fluctuates slightly. The chemical industry in East China has a short-term purchasing plan. The competition in the coal ethanol market intensifies and the price fluctuates. Fuel ethanol is weak in finishing.

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

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.