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Ethanol: China's ethanol market trends on May 24

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May 24, 2023, 4:49 PM

The price index of general-grade ethanol was 6072.55 on May 24th, unchanged from the previous working day.

The price of ethanol in China is stable. Hot spots on May 24: first, prices in Henan are stable. Second, the quotations of enterprises in East China are stable. Third, prices in Northeast China have been kept stable and individual fuels have been put into production. Fourth, the bidding price of ethyl acetate is stable.

Specifically, the price in Northeast China is stable today, and the current price is slightly lower than the previous price in Jilin. The price in Henan is stable and the order is delivered. The quotations of East China enterprises are stable and the chemical industry is purchased sporadically. The price of fuel ethanol weakened slightly. The price of coal-based ethanol is stable, but the transaction is limited today. Northeast enterprise Jilin market general grade quotation 6200-6450 yuan / ton. Heilongjiang market general grade 6000-6200 yuan / ton, terminal delivery price is low, anhydrous market 6900-7000 yuan / ton. The superior enterprises in Central China offer 6550-6600 yuan / ton, and the water-free price is 7300-7400 yuan / ton. The price of ethanol in East China is 6400-6500 yuan / ton. The price of anhydrous ethanol is 7250-7350 yuan / ton, and the general price in southern Jiangsu is 6550-6750 yuan / ton. Cassava ethanol 6700-6800 yuan / ton in Guangxi, South China.

                                      unit: yuan / ton

Area

Specifications

Market

2023/5/24

2023/5/23

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

6200-6300

6200-6450

0/-150

 

No water

Jilin

7050-7200

7050-7200

0/0

 

General level

Jinzhou

6400-6500

6400-6500

0/0

 

General level

Heilongjiang Province

6000-6200

6000-6200

0/0

 

East China

General level

Anhui Province

6400-6550

6400-6550

0/0

 

No water

Anhui Province

7300-3400

7300-3400

0/0

 

No water

Shandong

 

 

0/0

 

General level

Shandong

6450-6500

6450-6500

   0/0

 

Superior grade

Shandong

6700-6900

6700-6900

0/0

 

Send it to other places without water.

Shandong

7350-7500

7350-7500

0/0

 

General level

Northern Jiangsu

6400-6500

6400-6500

0/0

 

No water

Northern Jiangsu

7250-7350

7250-7350

0/0

 

General level

Southern Jiangsu

6600-6750

6600-6750

0/0

 

Central China

Superior grade

Henan

6550-6560

6550-6560

0/0

 

No water

Henan

7300-7400

7300-7400

0/0

 

Raw materials / by-products and downstream

Unit: yuan / ton, US dollar / ton

Area

Market

Raw materials / by-products

2023/5/24

Remarks

Northeast China

Jilin

Corn

2540-2630

 

Northeast China

Jilin

DDGS

2650-2720

 

Northeast China

Heilongjiang Province

Corn

2400-2510

 

Northeast China

Heilongjiang Province

DDGS

2550-2650

 

Central China

Henan

Corn

2790-2850

 

Central China

Henan

DDGS

2800-2840

 

Thailand

 

Dried cassava

260-265

 

Shandong

 

Ethyl acetate

6300-6320

 

Jiangsu Province

 

Ethyl acetate

6450-6470

 

South China

 

Ethyl acetate

6500-6550

 

Future forecast: expected short-term price range consolidation. The cost support is limited, the short-term quotation of ethanol enterprises is stable, the order is general, the downstream chemical industry is expected to purchase in the short term, and the transaction price is likely to be weak on a closing day. With the increase in fuel supply, there is a possibility of weakness in the short term.

Raw material: corn ethanol: the price of corn is stable and the price of new wheat in central China has rebounded. Dry cassava: the price of ethanol in China is weak, the buying atmosphere is not strong, and the price is 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 production, Liuniu shutdown, Shenglong downtime. Huadong Huatian production, Guannan shutdown, Jin Changlin downtime, Guohua shutdown, Changxing downtime, Longhe production, sul production, Fulaichun continued downtime, Maibo Huihui shutdown, HIH production. The production of enterprises in Mengzhou, Henan Province is normal. The yield of Yu Shenneng is normal.

Demand: downstream chemical rigid demand procurement. Buy a small amount of liquor.

Logistics: logistics prices are arranged in a narrow range.

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

Start up in the middle of May

 

Jiangsu Maibo remittance

8

8

Stop feeding at the beginning of April

 

Shuyang Guohua

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

Shut down on May 5th and start on May 17th

 

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

Open on May 21

 

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

Shutdown on May 18th