In December, the domestic corn ethanol market fluctuated and sorted out, and the overall price is still at a high level. According to the sample data monitored by the business community, the price was 7000 yuan / ton, a decrease of 0.18% in the month, and the price was flat year-on-year.
Annual comparison chart of ethanol prices from 2017 to 2021:
At the beginning of June, the listing volume of new season corn continued to increase, and the supply increased, which may affect the price of corn. However, farmers are reluctant to sell and the drying price is high, or support the high consolidation of short-term price. It is difficult to alleviate the cost pressure of corn ethanol plant and have room for improvement. Baijiu demand or gradual improvement. In terms of chemical industry, it is difficult to bring obvious support to the market by continuing to maintain rigid demand procurement. In the short term, the domestic ethanol market is mainly high and fluctuated slightly.
In the middle of the month, with the continuous increase of the listing volume of corn in the new season, the corn price in the main production areas is expected to callback, and the cost pressure of corn ethanol plants will be relieved, which supports the commencement of corn ethanol industry. Baijiu demand or gradual improvement. In chemical industry, ethyl acetate plant may have bidding demand; The overall market demand is relatively stable.
In late June, the domestic ethanol market entered the consolidation stage. Recently, the prices of raw corn and coal have returned to calm, and the cost of ethanol has little impact on the market. The demand is mostly rigid demand, chemical demand is relatively stable, and the operating rate of downstream enterprises is generally high. Baijiu industry is approaching the demand due to holidays.
Monthly K column chart of ethanol domestic production price:
Weekly K column chart of ethanol domestic production price:
According to the price monitoring of the business community, in the list of commodity prices in December 2021, there were 35 kinds of commodities rising month on month in the chemical sector, including 19 kinds of commodities rising by more than 5%, accounting for 18.1% of the monitored commodities in the sector; The top three commodities were chloroform (41.13%), lithium carbonate (37.11%) and dichloromethane (36.91%). A total of 62 commodities decreased month on month, and 40 commodities decreased by more than 5%, accounting for 38.1% of the monitored commodities in this sector; The products with the top three declines were melamine (- 40.08%), baking soda (- 29.05%) and butadiene (- 27.26%). The average rise and fall this month was – 2.38%.
Comparison chart of price trend of corn (upstream raw material) and ethanol in business community:
Comparison chart of price trend of ethanol and ethyl acetate (downstream products) of business society:
As of December 31, the latest price dynamics of ethanol market in various regions:
Region, Category, Price
Shandong region General level 6830-6850 yuan / ton
Shandong region Superior corn 7100-7250 yuan / ton
Shandong region Corn anhydrous 7600 yuan / ton
Southern Jiangsu General level 7100-7200 yuan / ton
Northern Jiangsu General level 6750-6850 yuan / ton
Northern Jiangsu Superior 7000 yuan / ton
Northern Jiangsu anhydrous 7650-7700 yuan / ton
Anhui region Cassava general About 6900 yuan / ton, including tax
Anhui region anhydrous About 7700 yuan / ton, ex factory tax included
Sichuan region Corn alcohol 7500-7600 yuan / ton, tax included
Yunnan region Molasses alcohol 6900-7000 yuan / ton, ex factory tax included
Jinzhou area, Liaoning Province Corn alcohol general grade 6750-6850 yuan / ton
Heilongjiang Region General level 6100-6300 yuan / ton, tax included
Heilongjiang Region Absolute ethanol 6800-7000 yuan / ton
Jilin Region Ordinary alcohol 6350-6650 yuan / ton
Jilin Region Premium alcohol 6750 yuan / ton
Jilin Region Absolute ethanol 6900-7300 yuan / ton, tax included
Guangxi region Honey alcohol 7100 yuan / ton
Guangxi region Corn / Cassava 95% alcohol 6800-7100 yuan / ton
Guangxi region Absolute ethanol 7700-7750 yuan / ton
Guangdong region Honey alcohol 7150-7250 yuan / ton, Dongguan self delivery
Guangdong region Rice / Cassava / corn general ethanol About 7000 yuan / ton
Guangdong region Anhydrous cassava ethanol 7900-8100 yuan / ton
Henan region Superior 7000-7050 yuan / ton, tax included
Henan region Absolute ethanol 7550-7750 yuan / ton, tax included
Hebei region General level 6400-6450 yuan / ton
Hebei region anhydrous 7150 yuan / ton
Raw corn and molasses fluctuated at a high level, and the cost pressure of the factory was high. However, the falling price of raw cassava will benefit some cassava ethyl ester factories, and the market supply is sufficient. The downstream chemical industry maintained just needed procurement, and the overall performance of new orders in the market was average. The ethanol analyst of business society expects that the domestic ethanol market will be mainly sorted out in the short term.