Since February, the market price of ethanol has fallen all the way to 6300 yuan (t price, the same below), and fell more than 500 yuan before and after the Spring Festival. In the environment where the European debt crisis is still alive and the domestic economic growth slows down, the market demand, raw material prices and other long and short-term factors are fiercely contested. The medium and long-term ethanol market is expected to consolidate at a low level. Ethanol production in China mainly adopts fermentation method, and the raw materials are mainly corn and cassava. The corn-based ethanol production capacity accounts for 63% of the total production capacity, and the annual consumption of corn is about 10 million tons. Two months after the Spring Festival this year, corn prices soared 200 yuan. The Northeast, which is the center of grain and ethanol production and sales, does not enjoy the superiority of abundant grain sources. Its production costs are “high in sesameâ€, and the cost and market price are at least 200 yuan, and the pressure on inventory and capital increases. With the shrinking of downstream demand, corn ethanol is caught in an embarrassing and embarrassing situation, and many companies are forced to stop production. The ethanol market using cassava as raw material is another important day. The production of ethanol from cassava in China is mainly concentrated in East China and South China. The raw materials of cassava are mainly imported from Thailand and Vietnam. In the first quarter, with the concentration of ports on the ship, and the introduction of Lianyungang's policy of not accepting bulk cargoes for Thai cassava, the phenomenon of pressure on ports and demurrage was serious, and cassava prices began to fall. The increase in the cost of corn ethanol has benefited East China cassava ethanol. In the first quarter of the East China market, cassava ethanol replaced 11 million tons of corn ethanol. From the raw material point of view, the overall supply of corn this year is sufficient and there is a large inventory, corn prices do not have a sharp increase conditions. However, due to the lack of high-quality food sources, the planting cost has further increased. This year, the corn market will experience a slight upward trend under the premise of no major fluctuations at home and abroad. As the profitability of cassava exports continues to narrow, the Thai cassava industry began to upgrade, this year, Thailand's ethanol production capacity will increase by 78%, the consumption of cassava will also increase significantly. According to the Vietnam Biofuel Development Plan, three ethanol plants invested by Vietnam Oil & Gas Group have been put into operation. There are currently dozens of companies planning to invest in the construction of larger-scale edible alcohol, medical alcohol, and industrial alcohol plants. The consumption of local cassava Also increasing year by year, the export of cassava is relatively reduced, and cassava prices will remain at a high level. However, due to weak demand, the price of ethanol is difficult to break through. Sun Yunfeng, an economist of Zhuochuang Information, introduced that the domestic ethanol production capacity was 9.5 million tons, the actual production was about 5.2 million tons, the consumption in the food sector was 2.34 million tons, the chemical industry consumed 2.08 million tons, and the other 788 million tons. The imbalance between supply and demand was serious. Li Xinjie, marketing manager of Sinochem Jiangsu Co., Ltd. believes that the largest increase in the consumption of ethanol in the chemical industry this year is ethyl acetate and ethylene oxide. Anhui Wuwei's annual output of 300,000 tons of ethyl acetate will be put into production in the second half of the year. Jiangyin Baichuan, Tianjin TEDA, etc. all have production plans. Ethyl acetate is expected to add 650,000 tons of annual production capacity. The production of one ton of ethyl acetate consumes 0.58 tons of ethanol, and ethyl acetate will consume nearly 380,000 tons of ethanol this year. In addition, an annual output of 100,000 tons in Central Asia in Shangqiu, Henan Province, and 100,000 tons in Shandong Yuhuang, and an annual output of 60,000 tons of ethylene oxide in Hubei Qianjiang Pharmaceutical Co., Ltd. are expected to be put into operation in the second half of this year. Ethylene oxide is expected to be new. Increase production capacity by 260,000 tons (alcohol method), and increase ethanol consumption by 390,000 tons. The demand for new ethanol in these two major areas totaled approximately 770,000 tons. Sun Yunfeng believes that this will promote ethanol consumption this year, but the increase in demand cannot quickly consume excess capacity. China's consumption of ethanol is mainly consumed in the field of liquor. In the long run, the consumption of liquor may increase at a slower rate. Zhao Hui, manager of Jiangsu Liyang Guohua Wine Co., Ltd., said that the Mid-Autumn Festival and the Spring Festival are the two major consumption seasons for liquor. Now it is the off-season consumption of liquor, and the price of ethanol has only fallen. The ethanol price may still drop from now until June. Sun Taixi, sales manager of Jiangsu Lianhai Biotechnology Co., Ltd., said that from the perspective of raw material trends, plant start-up, and market demand, the ethanol market price was lower than last year's level by the end of the year. The highest price was 6600 yuan, and it was difficult to break through last year's highest price of 7,200 yuan. At the current market price, imported ethanol is also difficult to open the domestic market. According to the framework agreement between China and 10 ASEAN countries, since January 1, 2012, ethanol imported by China from ASEAN has been exempted from tariffs. Since these countries have no advantages in production costs, the total amount of ethanol imports from January to March this year is about 79 tons. The amount of imports is very low. The most interesting thing in the ethanol market is coal-to-ethanol. According to Ding Yunjie, a researcher at the Dalian Institute of Physical Chemistry at the Chinese Academy of Sciences, the production cost of coal from syngas to ethanol is 5,300 yuan, and that from acetic acid to ethanol is 6,300 yuan. Coal is produced from syngas to ethanol. Ruthenium catalysts and coal-based ethanol can only be used in chemical production. After coal-to-ethanol is put into operation, the price of antimony as a precious metal will increase, and the two production routes for coal-to-ethanol will not be cost-competitive. PTFE Gasket Making,PTFE Gasket Cutting Machine,PTFE Coated Gasket Cutting Machine,PTFE Gasket CNC Knife Cutting Machine Jinan Zhuoxing Intelligent Technology Co., Ltd. , https://www.zhuoxingcutter.com