[Ethanol Daily Review]: China's ethanol market trends on March 26

The price index of general-grade ethanol was 5722.00 on March 26th, up from-10.75 on the previous working day.

& nbsp; China's ethanol market is stable. Hot spots on March 26: first, prices in Henan are stable. Second, the price of ethanol in East China is stable. Third, the price of Heilongjiang in the northeast region has been reduced by 50 yuan per ton, and that of individual enterprises in Jilin by 50 yuan per ton. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal-based ethanol is stable and weak. Sixth, the purchase transaction price of chemical rigid demand is weak.

Specifically, the northeast Jilin individual factories reduced 50 yuan / ton, Heilongjiang individual reduced 50 yuan / ton, part of the order delivery, some enterprise inventory is higher. Individual enterprises in Henan area are called back and a small number of orders are delivered. The price of ethanol in East China is stable, the chemical industry has a rigid demand for procurement, and the transaction price is weak. Fuel ethanol plant in individual enterprises is unstable, individual quotations are lowered, and some of the main orders are delivered. The price of coal-based ethanol is stable in the west and lowered in Anhui. Northeast enterprise Jilin market price 5800-5900 yuan / ton, Jilin no water 6350-6550 yuan / ton. The general grade of Heilongjiang market is 5600-5750 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 are quoted at 6000 yuan / ton, and the water-free price is 6750-6800 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 6350 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6250 yuan / ton. Coal ethanol in western China is 5750 yuan / ton. Henan coal ethanol 6000 yuan / ton, Anhui coal ethanol 5910 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 fluctuate in a narrow range. The inventory of large factories in Northeast China has increased, the shipments are general, the price range of corn is not high, the pressure on the cost side is still large, and the price adjustment space of enterprises is limited. Chemical rigid demand procurement, transaction prices are expected to weaken slightly.

Raw material: corn ethanol: corn prices in northeast China weakened slightly. 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 production, Wanli installation is normal, Hongzhan 4 factories are normal, Heilongjiang Shenglong production, Zhongkegring production, Fuyu Huihai shutdown; Fukang production, Tianyu production, Shuntong shutdown, Dongfeng Huafeng production, Xintianlong 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 short stop. 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.