In April, the domestic ethanol market continued to rise slightly, with different increases in various regions. According to the sample data monitored by the business agency, the price at the beginning of the month was 7300 yuan / ton, and the price at the end of the month was 7437 yuan / ton, with an increase of 1.88% within the month and a year-on-year increase of 12.26%.
Annual comparison chart of ethanol price from 2018 to 2022:
At the beginning of the month, the rise in domestic ethanol prices slowed down. The price of raw corn is still high, and the transportation in some areas is still poor, resulting in insufficient operating rate of ethanol manufacturers. The shutdown of individual factories in Henan, the main production area, led to a rise in prices at the beginning of the week, but the high price fell with the recovery of supply. The lower reaches have a mentality of resistance to high price goods, and most of them just need to purchase.
In the first ten days of the month, the domestic ethanol price fluctuated slightly, the price of raw corn was still at a high level, and the current price of ethanol was also at a quite high position. The units in some areas could not be started, the downstream demand was weak, and the logistics and transportation were limited, so the ethanol market fell into a stalemate.
In mid June, domestic ethanol prices recovered slightly, with slight differences among regions: the offer of ethanol market in Henan rose, the offer of large factories continued to rise, the price in Henan was not high, and the production and sales of large factories were good. There is no start-up plan for the equipment of Jilin large plant, and the superior enterprise starts to deliver goods with normal orders. Large factories in Heilongjiang deliver goods with orders, and there are few new orders. At present, the factory inventory has increased slightly, the logistics has been liberalized, some factories in the market have low prices, and some excellent factories have short-term maintenance plans.
In late June, the price of raw corn fluctuated slightly, and the price of ethanol remained at a high level. The demand for downstream Baijiu and chemical industry remained just in need of purchase. If the high level of ethanol was difficult to fall, the downstream demand would be difficult to improve significantly. With the temperature rising, the market off-season gradually came, and the demand side could not have obvious support. Therefore, the recent domestic ethanol market is dominated by narrow consolidation,
At the end of the month, the price of ethanol remained high, and the demand of downstream Baijiu factories and chemical industry felt high cost pressure. As the demand side gradually enters the off-season, the demand after the festival will continue to maintain rigid demand procurement and wait and see the price trend.
Monthly K column chart of domestic production price of ethanol:
| Thiourea |
Weekly K column chart of ethanol domestic production price of business society:
According to the price monitoring of the trading society, in the list of bulk commodity prices in March 2022, there were 74 kinds of commodities rising month on month in the chemical sector, of which 37 kinds of commodities increased by more than 5%, accounting for 34.3% of the monitored commodities in the sector; The top three commodities were ammonium sulfate (57.60%), formic acid (53.79%) and sulfuric acid (42.86%). A total of 32 commodities fell month on month, and 16 commodities fell by more than 5%, accounting for 14.8% of the monitored commodities in this sector; The products with the top three declines were organosilicon DMC (- 24.23%), glycine (- 22.60%) and DMF (- 12.08%). The average rise and fall this month was 4.8%.
Comparison chart of corn (upstream raw material) and ethanol price trend of business society:
Comparison chart of price trend of ethanol and ethyl acetate (downstream products) in business society:
As of April 29, the latest price dynamics of ethanol market in various regions:
Region, Category, Price
Guangxi region, Honey alcohol, 7650-7900 yuan / ton
Guangxi region, Corn / Cassava 95% alcohol, 7650-7900 yuan / ton
Guangxi region, Anhydrous ethanol, 8450 yuan / ton self withdrawal
Guangdong Province, Corn alcohol, 8000 yuan / ton, Dongguan self delivery
Guangdong Province, Rice / Cassava general ethanol, 7700-7800 yuan / ton self withdrawal
Guangdong Province, Anhydrous cassava ethanol, 8500 yuan / ton, Dongguan self delivery
Sichuan region, Corn alcohol, 7600 yuan / ton, ex factory tax included
Yunnan Province, Molasses alcohol, 7200-7250 yuan / ton, ex factory tax included
Henan Province, Superior, 7350 yuan / ton, ex factory tax included
Henan Province, Anhydrous ethanol, 8100-8150 yuan / ton, ex factory tax included
Hebei Province, General, 7350 yuan / ton, tax included
Hebei Province, No water, 7600 yuan / ton
Shandong Province, Wheat general grade, 7400-7450 yuan / ton
Shandong Province, Superior corn, 7800 yuan / ton
Shandong Province, Corn has no water, 8300 yuan / ton
Southern Jiangsu, General, 7700-7800 yuan / ton
Northern Jiangsu, General, 7350-7400 yuan / ton
Northern Jiangsu, Superior, 7450-7500 yuan / ton
Northern Jiangsu, No water, 8300-8450 yuan / ton
Anhui Province, General, 7500-7600 yuan / ton, ex factory tax included
Anhui Province, No water, 8350-8400 yuan / ton, ex factory tax included
Jinzhou area, Liaoning Corn alcohol general grade 7350-7400 yuan / ton
Heilongjiang Region General level 6850-7050 yuan / ton, tax included
Heilongjiang Region Absolute ethanol 7850-7950 yuan / ton
Jilin Region Ordinary alcohol 7000-7100 yuan / ton, ex factory tax included
Jilin Region Premium alcohol 7100-7300 yuan / ton, ex factory tax included
Jilin Region Absolute ethanol 8000-8200 yuan / ton, ex factory tax included
The price of raw materials is strong and supported by high cost. In terms of downstream demand for Baijiu, the demand decreases with the warming of the weather. After the implementation of the policy, the demand is bound to be frustrated. In terms of chemical industry, it basically maintains the rigid demand for procurement, and there is more support for goods preparation before the festival. It may be light procurement in early May. The ethanol analyst of business society predicts that the domestic ethanol market will mainly be sorted out at a high level in the short term.
| http://www.thiourea.net |