China’s domestic ethanol price fluctuates at high level

In recent years, the domestic ethanol market continued to rise. According to the sample data monitored by the business agency, the domestic ethanol market price was 6500 yuan / ton on October 14, and 6862 yuan / ton on November 4, with an increase of 5.58% during the period, 9.15% on a month on month basis, and 26.61% on a year-on-year basis. The main reasons are as follows: raw material corn fell slightly, raw material procurement in Northeast China was slightly difficult, enterprises ordered delivery, individual stocks existed, and downstream liquor and chemical industry just needed to purchase.

 

Quotation of 95% ethanol of some Shandong ethanol production enterprises:

 

Enterprise price (yuan / ton) device dynamic

Shandong Yusheng / 50000 T / a cassava alcohol plant shut down

Shandong Wudi Runsheng / 50000 T / a cassava alcohol plant shut down

Shandong fulichun normal 6650 cassava ethanol plant

Shandong Chengguang general grade 6850/

Shandong Chengguang no water 7450/

On the one hand, the market of raw corn fell slightly, on the other hand, the international epidemic situation is still severe, some people in the industry are optimistic about export, and the domestic epidemic prevention and control may also trigger a new round of demand. Business agency ethanol analysts predict that this week’s domestic ethanol market high volatility.

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