Ethanol: China's ethanol market dynamics
112,865 
May 16, 2023, 4:51 PM The price index of general-grade ethanol was 6127.50 on May 16th, up from-10.75 on the previous working day.
The quotation of Chinese ethanol enterprises is stable and the market feedback is general. Hot spots on May 16: first, prices in Henan are stable. Second, the quotations of enterprises in East China are stable. Third, prices in Northeast China are stable, while individual premium prices are weak. Fourth, the bidding price of ethyl acetate is stable. Fifth, the price of coal-based ethanol is stable.
Specifically, northeast enterprises wait for new orders after price reduction, previous orders continue to be delivered, and individual premium prices are weak. The quotation of Henan enterprises is stable. Ethanol enterprises in East China offer smoothly, small factories have a positive mentality of shipping, and there are low prices in the transaction. Fuel: the price of receiving goods in the region is weaker. The selling price of coal-based ethanol is stable. As of press time, the general price of Jilin market is 6250-6450 yuan / ton, that of Heilongjiang market is 6100-6200 yuan / ton, and that of anhydrous market is 6900-7100 yuan / ton. The superior enterprises in Central China offer 6550-6600 yuan / ton, and the price of no water is 7400 yuan / ton. The price of ethanol in East China is 6420-6500 yuan / ton. The price of anhydrous ethanol is 7300-7400 yuan / ton, and the general price in southern Jiangsu is 6700-6800 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.
unit: yuan / ton
|
Area |
Specifications |
Market |
2023/5/16 |
2023/5/15 |
Rise and fall |
|
|
South China |
Cassava is anhydrous |
Guangxi |
7450-7500 |
7450-7500 |
0/0 |
|
|
Molasses 95% |
Guangxi |
- |
- |
- |
|
|
|
Cassava 95% |
Guangxi |
6700-6800 |
6700-6800 |
0/0 |
|
|
|
North China |
Superior grade |
Hebei |
- |
- |
- |
|
|
No water |
Hebei |
7300-7400 |
7300-7400 |
0/0 |
|
|
|
Northeast China |
General level |
Jilin |
6250-6450 |
6250-6450 |
0/0 |
|
|
No water |
Jilin |
7050-7250 |
7050-7250 |
0/0 |
|
|
|
General level |
Jinzhou |
6500-6500 |
6500-6500 |
0/0 |
|
|
|
General level |
Heilongjiang Province |
6100-6200 |
6100-6200 |
0/0 |
|
|
|
East China |
General level |
Anhui Province |
6450-6550 |
6450-6550 |
0/0 |
|
|
No water |
Anhui Province |
7400-7450 |
7400-7450 |
0/0 |
|
|
|
No water |
Shandong |
|
|
0/0 |
|
|
|
General level |
Shandong |
6550-6600 |
6550-6600 |
0/0 |
|
|
|
Superior grade |
Shandong |
6700-6900 |
6700-6900 |
0/0 |
|
|
|
Send it to other places without water. |
Shandong |
7600-7650 |
7600-7650 |
0/0 |
|
|
|
General level |
Northern Jiangsu |
6420-6500 |
6420-6500 |
0/0 |
|
|
|
No water |
Northern Jiangsu |
7300-7400 |
7300-7400 |
0/0 |
|
|
|
General level |
Southern Jiangsu |
6700-6800 |
6700-6800 |
0/0 |
|
|
|
Central China |
Superior grade |
Henan |
6550-6600 |
6550-6600 |
0/0 |
|
|
No water |
Henan |
7400-7400 |
7400-7400 |
0/0 |
|
Raw materials / by-products and downstream
Unit: yuan / ton, US dollar / ton
|
Area |
Market |
Raw materials / by-products |
2023/5/16 |
Remarks |
|
Northeast China |
Jilin |
Corn |
2580-2630 |
|
|
Northeast China |
Jilin |
DDGS |
2650-2720 |
|
|
Northeast China |
Heilongjiang Province |
Corn |
2470-2510 |
|
|
Northeast China |
Heilongjiang Province |
DDGS |
2600-2700 |
|
|
Central China |
Henan |
Corn |
2790-2820 |
|
|
Central China |
Henan |
DDGS |
2800-2850 |
|
|
Thailand |
|
Dried cassava |
260-265 |
|
|
Shandong |
|
Ethyl acetate |
6210-6240 |
Acceptance leaves the factory |
|
Jiangsu Province |
|
Ethyl acetate |
6350-6400 |
|
|
South China |
|
Ethyl acetate |
6600-6650 |
|
Future forecast: short-term edible ethanol market is expected to be stable, northeast order delivery, the overall demand is limited, price collation. It is possible that the price will be weak after the supply is restored in Henan. In East China, cost pressure and demand are weaker, prices are weaker, and outages or production cuts are increasing.
Raw materials: corn ethanol: corn prices rebounded slightly in the region, demand is weak, the market time of new wheat in central China is approaching, prices are weak, substitute prices are weak and bad corn prices. Cassava dry aspect: cassava dried Thai baht value-added, China's ethanol prices are weak, the buying atmosphere is not strong, prices are weak.
Supply: northeast start: Dongning downtime, Baoquanling production, Fuyu Huihai normal, Cofco Zhaodong plant production, Hongzhan normal, Fukang first line shutdown, Tianyu normal, Shuntong downtime, Dongfeng Huafeng downtime, Xintianlong downtime, Liuniu shutdown, Shenglong downtime. East China Flower Hall production, Guannan shutdown, Jin Changlin stop feeding, Guohua production, Changxing stop feeding, Longhe production, sul production, Fulaichun continued shutdown, Maibo Huihui shutdown, MINUSTAH shutdown. Houyuan shutdown in Mengzhou, Henan Province, other ethanol plants are normal. Yushen can produce products.
Demand: downstream chemical rigid demand procurement. Buy a small amount of liquor.
Logistics: logistics prices are narrowly weak.
Equipment maintenance table of Chinese ethanol enterprises
|
Enterprise name |
Production capacity (10,000 tons / year) |
Maintenance involves production capacity |
Maintenance start time |
Remarks |
|
Heilongjiang Hongzhan (Jixian) |
60 |
60 |
April fifteenth |
Start up on May 6th |
|
Jilin Fukang |
50 |
4 |
March 28th |
|
|
Heilongjiang Hexing grain and oil |
3 |
3 |
Late March |
|
|
Inner Mongolia Shuntong |
12 |
12 |
Stop the machine |
|
|
Heilongjiang Zhongke Green |
10 |
10 |
Stop the machine |
|
|
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 |
Stop the machine |
|
|
Jiangsu Maibo remittance |
8 |
8 |
Stop feeding at the beginning of April |
|
|
Shuyang Kant |
5 |
5 |
Stop the machine |
|
|
Anhui COFCO |
75 |
30 |
Production |
The material has been put in on April 20th. |
|
Anhui Wuhechun |
8 |
8 |
Stop the machine |
|
|
Jilin Xintianlong |
30 |
30 |
Maintenance schedule for May 5 |
|
|
Heilongjiang Sheng long |
15 |
15 |
Shut down on April 27th |
|
|
Inner Mongolia Liniu |
10 |
10 |
Stop the machine |
|
|
Hanyong, Mengzhou, Henan Province |
30 |
30 |
One-line production |
|
|
Houyuan, Mengzhou, Henan Province |
50 |
50 |
Normal |
|
|
Jilin Dongfeng Hua Grain |
10 |
10 |
Stop feeding on April 17th |
|
|
National Investment Helen |
30 |
30 |
April 12th |
Fuel fuel |
|
Guotou Jidong |
30 |
30 |
April 3rd |
Fuel fuel |
|
Liaoyuan giant peak |
50 |
50 |
There is expected to be a boot plan in May. |
|
|
Zhenjiang Changxing |
10 |
10 |
All machines were shut down on May 16th. |
|
|
Jin Changlin in Lianyungang |
5 |
5 |
The feeding has been stopped at present. |
|
