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[Ethanol Daily Review]: China's ethanol market trends on April 30

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April 30, 2024, 5:09 PM

On April 30, the general ethanol price index was 5636, maintaining the previous working day.


 China's ethanol market price fluctuations are limited. Hot spots on April 30:1. Market prices in South China are stable. 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 remain stable, with orders shipped and downstream purchases on demand. 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 are stable, the ethanol market in Shandong remains stable, and the pre-holiday contract execution is acceptable. The general price of Northeast enterprises in Jilin is 5,900 - 5,950 yuan/ton, Jilin has no water 6,250 - 6,600 yuan/ton, and the low-end price is increased by 50 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 6600 yuan/ton. The price of ethanol in North Jiangsu in East China is 5,980 - 6,000 yuan/ton. The price of anhydrous ethanol was 6,650 - 6,700 yuan/ton, maintained yesterday; the price of ordinary prices in southern Jiangsu was 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

2024/4/30

2024/4/29

rise and fall

South China

Cassava without water

Guangxi

6950-7050

6950-7050

0/0

Molasses 95%

Guangxi

6400-6500

6400-6500

0/0

Cassava 95%

Guangxi

6250-6350

6250-6350

0/0

North China

anhydrous

Hebei

6550

6550

0/0

northeast

custom grade

Jilin

5900-5950

5900-5950

0/0

anhydrous

Jilin

6250-6600

6200-6600

50/0

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

5980-6000

5980-6000

30/0

anhydrous

Northern Jiangsu

6650-6700

6650-6700

50/0

custom grade

Nora

6100-6250

6100-6250

0/0

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. Orders for Northeast Wanli and Tianyu pre-holiday have been signed, and orders are suspended. Fukang plans to branch line maintenance in mid-May. According to the news, market supply has decreased. Currently, the downstream market is not willing to purchase before the holiday, and only needs to be completed. Coal ethanol maintains a high price, and factories are not willing to reduce prices, so we pay attention to recent shipments. The price of coal-to-ethanol is stable. Large factories have shutdown plans after the holiday, and it is necessary to pay close attention to the operation of on-site equipment in the later period.