Ethanol: China's ethanol market dynamics on April 2

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April 2, 2024, 4:51 PM

The price index of general-grade ethanol was 5682.00 on April 2nd, up from-23 on the previous working day.

& nbsp; China's ethanol market is stable. Hot spots on April 2: first, prices in Henan are stable. Second, prices in East China are stable. Third, prices in Northeast China are stable. Fourth, the bidding price of ethyl acetate is reduced by 50 yuan / ton. Fifth, the price of coal ethanol is stable. Sixth, the purchasing price of regional georefining continues to weaken. The purchasing price of East China Chemical Industry is weak.

Specifically, the price of ethanol in Northeast China is stable and orders are delivered. The price of ethanol in East China is stable, the chemical industry has rigid demand for procurement, and the transaction price has declined. Orders are delivered in Henan area, and the price remains stable. Northeast fuel ethanol enterprise quotation is stable, the main order delivery. The price delivered by regional refineries has dropped significantly. The price of coal-based ethanol is stable, and the big order is actually negotiable. 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 5910 yuan / ton. Hunan 6150 yuan / ton, the above coal ethanol or by-product ethanol prices are quoted.

& nbsp; unit: yuan / ton

Area	Specifications	Market	2024/4/2	2024/4/1	Rise and fall
South China	Cassava is anhydrous	Guangxi	7000-7200	7000-7200	0/0
	Molasses 95%	Guangxi	-	-	0/0
	Cassava 95%	Guangxi	6200-6400	6200-6400	0/0
North China	No water	Hebei	6600-6600	6600-6600	0/0
Northeast China	General level	Jilin	5750-5900	5750-5900	0/0
	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	0/0
East China	General level	Anhui Province	6000-6050	6000-6050	0/0
	No water	Anhui Province	6750-6800	6750-6800	0/0
	General level	Shandong	5900-6050	5900-6050	0/0
	Superior grade	Shandong	6450-6800	6450-6800	0/0
	Send it to other places without water.	Shandong	6700-6800	6700-6800	0/0
	General level	Northern Jiangsu	6050-6050	6050-6050	0/0
	No water	Northern Jiangsu	6750-6800	6750-6800	0/0
	General level	Southern Jiangsu	6120-6300	6120-6300	0/0
Central China	Superior grade	Henan	5900-5900	5900-5900	0/0
Central China	No water	Henan	6700-6750	6700-6750	0/0

Raw material / by-product and downstream & nbsp

Unit: yuan / ton, US dollar / ton

Area	Market	Raw materials / by-products	2024/4/2	Remarks
Northeast China	Jilin	Corn	2240-2270
Northeast China	Jilin	DDGS	2160-2370
Northeast China	Heilongjiang Province	Corn	2140-2230	Less transactions at a low price
Northeast China	Heilongjiang Province	DDGS	2100-2250	High fat
Central China	Henan	Corn	2260-2300
Central China	Henan	DDGS	2300
Thailand		Dried cassava	238-242
Shandong		Ethyl acetate	5800-5830	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. The price in Henan is not high, the order is delivered, the price is stable, the price of ethanol in East China is maintained, and the chemical order is delivered.

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	Normal
Jiangsu Maibo remittance	8	8	Stop the machine
Shuyang Guohua	5	5	Stop the machine
Anhui COFCO	75	30	Universal downtime in January resumed in early March
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.