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Ethanol: China's ethanol market dynamics on April 1

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April 1, 2024, 4:39 PM

The price index of general-grade ethanol was 5682.00 on April 1st, up from-23 on the previous working day.

 

& nbsp; part of China's ethanol market weakens. Hot spots on April 1: first, the excellent grade in Henan area has been lowered by 50 yuan per ton. Second, the general grade in East China will be lowered by 50 yuan per ton. Third, the individual prices in Jilin in the northeast region have been reduced by 50 yuan per ton, and the large factories in Heilongjiang have been stable. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal-based ethanol is stable and the transaction is general. Sixth, the purchasing price of regional georefining has declined in a narrow range. Seventh, the price of fermented fuel ethanol in Northeast China has risen. Eighth, freight rates in some regions are narrowly weak. 9. The purchasing price of East China Chemical Industry is weak. The price of dried cassava is weak.

Specifically, the northeast Jilin individual factories reduced by 50 yuan / ton, Heilongjiang large factories have maintenance news to release stable prices, fuel prices rise. Shipments in Henan are weak and prices are down. Ethanol prices in East China have fallen, corporate shipments are weak, the decline in surrounding prices has affected the trend of local prices, and prices continue to fall. Northeast fuel ethanol enterprise quotation rose, the main order delivery. Northeast enterprise Jilin market price 5750-5900 yuan / ton, Jilin no water 6350-6550 yuan / ton. The general grade of Heilongjiang market is 5600-5700 yuan / ton, and the Heilongjiang anhydrous market is 6300-6500 yuan / ton. The northeast closing position is about 6050-6100 yuan / ton. The superior enterprises in Central China are quoted at 5900 yuan / ton, and the water-free price is 6700-6750 yuan / ton. The price of ethanol in East China is 6050 yuan / ton. The price of anhydrous ethanol is 6750-6800 yuan / ton, and the general price in southern Jiangsu is 6350 yuan / ton. Cassava ethanol in Guangxi, South China & nbsp;6200 yuan / ton. Coal ethanol in western China is 5750 yuan / ton. Henan coal ethanol 6150 yuan / ton, Anhui coal ethanol has not been produced.

& nbsp;                                     unit: yuan / ton

Area

Specifications

Market

2024/4/1

2024/3/29

Rise and fall

South China

Cassava is anhydrous

Guangxi

7000-7200

7000-7200

0/0

Molasses 95%

Guangxi

-

6600

0/0

Cassava 95%

Guangxi

6200-6400

6250-6400

-50/0

North China

No water

Hebei

6600-6800

6600-6800

0/0

Northeast China

General level

Jilin

5750-5900

5800-5900

-50/0

No water

Jilin

6350-6550

6350-6550

0/0

General level

Jinzhou

6050-6100

6050-6100

0/0

General level

Heilongjiang Province

5600-5750

5600-5750

-50/0

East China

General level

Anhui Province

6150-6150

6150-6150

0/0

No water

Anhui Province

6850-6850

6850-6850

0/0

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

6350-6350

6350-6350

0/0

Central China

Superior grade

Henan

5900-5900

5950-5950

-50/-50

No water

Henan

6700-6750

6750-6800

-50/-50

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2024/4/1

Remarks

Northeast China

Jilin

Corn

2240-2280

 

Northeast China

Jilin

DDGS

2160-2370

 

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

2260-2320

 

Central China

Henan

DDGS

2300

 

Thailand

 

Dried cassava

238-242

 

Shandong

 

Ethyl acetate

5850-5860

Acceptance leaves the factory

Jiangsu Province

 

Ethyl acetate

5950-6000

 

South China

 

Ethyl acetate

6050-6100

Dongguan

Future forecast: China's ethanol market is expected to be stable or fluctuate slightly. Northeast big factory maintenance news released, the news is good, short-term prices remain stable. Price arrangement in Henan area. Chemical rigid demand procurement, East China ethanol price to maintain. Companies in fuel ethanol remained stable. There is a possibility of weakness in coal ethanol.

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

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.