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

49,763
April 26, 2024, 5:13 PM

The general ethanol price index on April 26 was 5636, up 31 from yesterday.


China's ethanol market prices increased within a narrow range. Hot spots on April 26:1. Market prices in South China increased. 2. Prices in East China increased within a narrow range. 3. Prices in Northeast China are stable. 4. The auction price of ethyl ester in ethyl acetate manufacturers weakened slightly.


Specifically, prices in Northeast China remained stable, and orders were shipped. Prices in Henan are stable, with premium prices stabilizing to 5950 yuan/ton, and waterless prices maintaining at 6,600 - 6,650 yuan/ton, maintaining yesterday. Prices in East China increased slightly, while the ethanol market in Shandong remained stable, and the pre-holiday contract execution was acceptable. The general price of Jilin market for Northeast enterprises is 5,900 - 5,920 yuan/ton, and Jilin has no water at 6,200 - 6,600 yuan/ton. The Heilongjiang market level is 5,500 - 5,650 yuan/ton. The premium price in Central China is 5950 yuan/ton, and the waterless price is 6,600 - 6,650 yuan/ton. The price of ethanol in North Jiangsu in East China is 5,950 - 6,000 yuan/ton. The quoted price for anhydrous ethanol is 6,600 - 6,700 yuan/ton; the quoted price in southern Jiangsu is 6,100 - 6,250 yuan/ton. South China and Guangxi cassava ethanol is 6,950 - 7,050 yuan/ton.

                                     Unit: yuan/ton

areas

specifications

market

2024/4/26

2024/4/25

rise and fall

South China

Cassava without water

Guangxi

6950-7050

6950-7000

0/50

Molasses 95%

Guangxi

6400-6500

6400-6500

0/0

Cassava 95%

Guangxi

6250-6350

6200-6300

50/50

North China

anhydrous

Hebei

6550

6550

0/0

northeast

custom grade

Jilin

5900-5950

5900-5950

0/0

anhydrous

Jilin

6200-6600

6200-6600

0/0

custom grade

Jinzhou

5900-5950

5900-5950

0/0

custom grade

Heilongjiang

5500-5650

5500-5650

0/0

East China

custom grade

Anhui

5900-5950

5900-5950

0/0

anhydrous

Anhui

6700

6700

0/0

custom grade

Shandong

6000

6000

0/0

superior grade

Shandong

5700

5700

0/0

custom grade

Northern Jiangsu

5950-6000

5950-6000

0/0

anhydrous

Northern Jiangsu

6600-6700

6600-6700

0/0

custom grade

Nora

6100-6250

6050-6100

50/150

Huazhong

superior grade

Henan

5950

5950

0/0

anhydrous

Henan

6600

6600

0/0

Aftermarket forecast: China's ethanol is expected to be stable or fluctuate slightly in the short term. For the equipment maintenance of a large factory in Northeast China, Heilongjiang Hongzhan has basically decided to carry out the maintenance on the 25th of this month. Laha (fuel) and Jixian (food) have each stopped one line. The supply in the region may decrease. Downstream stocks exist before the festival, and prices remain stable or fluctuate slightly. Supported by pre-holiday stocking, edible alcohol has stopped falling and stabilized, and demand for downstream chemical products is relatively optimistic.