Analysis of the Current Situation of the Domestic Ethanol Market After the Holiday
After the return of the Spring Festival, the domestic ethanol market price continued to decline just like that before the holiday, and the large factories in Northeast China maintained normal operation during the Spring Festival, and the inventory of enterprises rose. After the holiday, the price of Henan high-grade ethanol in the domestic ethanol market was lowered by 150 yuan/ton; the quotation of Jilin factories in Northeast China was stable, the transaction price was lowered, the quotation of individual factories was reduced by 50 yuan/ton, the quotation of large factories in Heilongjiang was stable, and the quotation of other quotations was reduced; the price in East China and northern Jiangsu was reduced by 50 yuan/ton; the quotation of fuel ethanol enterprises was lowered; the price of coal-based ethanol was lowered; about the replenishment of downstream chemical industry, the price of individual delivery was lowered, and others witnessed small fluctuations; the logistics price increased slightly; and the procurement price of local refineries in the region was reduced.
During the Spring Festival in Henan, the device was not shut down, maintained normal production with limited sales volume, and the price continued to fell after the Spring Festival, and the snowfall later this week affected the delivery speed. The main factories in East China are producing normally, the shipments are normal, and the price is stable after being lowered by 50 yuan/ton. The downstream chemical replenishment is obvious. In terms of fuel ethanol, the quotation of enterprises was lowered, some orders were shipped, and the main business began to purchase raw material this week, and the replenishment of local refineries was obvious, but the price of some shipments that be actively sent to the door fell. In terms of coal ethanol, large orders were received in a normal and stable manner after the holiday, and early orders were shipped.
Details of ethanol supply: 4 factories in Hongzhan, Heilongjiang were operating normally, Wanli Runda production was stable, Zhongliang Zhaodong stopped production, Baoquanling plant was shut down, so as Luobei, Youyi, and Dongning. Shenglong was still in operation, Chifeng Ruiyang and Zhalantun were still in operation, and Jufeng stopped production. Jilin Tianyu was still in operation, so as Fukang, Dongfeng, and Xintianlong. Fuyu Huihai shutdown, Zhongke Green was still in operation, Shuntong shutdown, Liniu was still in operation......
It is expected that the price trend of domestic ethanol will be stable and weak in the short term. The equipment of large factories in Northeast China is operating normally, and the inventory during the Spring Festival is accumulating, and part of the inventory is sent to the port, and the inventory of large factories will continue to be observed. The increase in the production in East China in March is expected to affect the price trend of ethanol in East China in the later period. After the continuous decline in prices in Henan, orders have less changes, and snowfall affects the delivery speed. The products of newly factories that put into production of coal ethanol would be put on the market in March, which will affect the price trend of coal ethanol.
- Analysis of the Current Situation of the Domestic Ethanol Market After the Holiday4754
- Domestic Ethanol Supply Situation at the Beginning of 2024 and Market Forecast Before and After the Spring Festival4728
- Ethanol Prices have Fallen to a Freezing Point in Recent Years5844
- "Endless Fall” When will the Inflection Point of the Ethanol Market Appear?5885
- Analysis of Domestic Ethanol Downstream Consumption in 20235872