Biodiesel Network April 20th: As of 2015, China's biodiesel production capacity has reached 3.327 million tons, of which Shandong is the region with the largest domestic biodiesel production capacity and the largest production capacity, accounting for 25% of the national production capacity. Secondly, North China Ranked second with 24% of the total, and East China ranked third with 23%. Overall, biodiesel production capacity is concentrated in developed areas along the eastern coast, which is inseparable from the active level of the refined oil market.
Since 2006, domestic biodiesel production capacity has shown a trend of “increasing-decreasing-increasingâ€. From 2006 to 2008, domestic biodiesel production capacity increased rapidly. In 2007, China introduced the biodiesel BD100 standard, which promoted the domestic biodiesel industry. development of. Although the production capacity has increased rapidly, domestic demand has not been greatly improved, biodiesel production is still low, and domestic biodiesel is facing overcapacity. However, in 2011, China introduced the biodiesel B5 blending fuel standard, referred to as the B5 diesel standard, and the domestic market awareness of biodiesel is also rising, so since 2011, domestic biodiesel production capacity has begun to increase. At the same time, the output has also increased significantly compared with previous years. However, by the second half of 2015, international crude oil prices have been falling all the way, and the price of domestic diesel per ton has also fallen below 4,000 yuan. For biodiesel, due to the pressure of cost, the price difference between biodiesel and petrochemical diesel has narrowed, and the profit of biodiesel manufacturers has been shrinking. Therefore, the production of biodiesel in China is significantly lower than that in 2014, and some biodiesel manufacturers also Production stopped due to production pressure. It can be seen that the development of biodiesel as an additive for petrochemical diesel is inseparable from the rise and fall of petrochemical diesel.
Due to the close correlation between biodiesel and petrochemical diesel, last week, due to the market's optimistic expectations for the “frozen production†agreement, international crude oil rose strongly, and domestic diesel prices also rose significantly. Some biodiesel manufacturers have optimistic expectations for the market outlook. However, recently, OPEC and non-OPEC oil producers did not reach a consensus on the “frozen production†agreement at the Doha meeting. If the spot price of international crude oil falls sharply and continues to operate, the current round of domestic refined oil product is expected to be turned again. Stranded expectations, domestic diesel prices are unlikely to rebound sharply in the short term. Therefore, in general, the domestic biodiesel market will remain dominated by the weak market in the short term, and manufacturers will consolidate oil prices according to their own conditions.
As an alternative energy biodiesel, without the support of national policies, it is difficult to change the status quo, low oil prices are still continuing, and there is basically no market in most areas. Currently, there are more epoxy, but the amount of epoxy channels is limited. For the current huge domestic production capacity, there is no big effect. Since biodiesel can solve the problem of the dip oil table and can contribute to energy saving and emission reduction, then where does our policy support go?
Since 2006, domestic biodiesel production capacity has shown a trend of “increasing-decreasing-increasingâ€. From 2006 to 2008, domestic biodiesel production capacity increased rapidly. In 2007, China introduced the biodiesel BD100 standard, which promoted the domestic biodiesel industry. development of. Although the production capacity has increased rapidly, domestic demand has not been greatly improved, biodiesel production is still low, and domestic biodiesel is facing overcapacity. However, in 2011, China introduced the biodiesel B5 blending fuel standard, referred to as the B5 diesel standard, and the domestic market awareness of biodiesel is also rising, so since 2011, domestic biodiesel production capacity has begun to increase. At the same time, the output has also increased significantly compared with previous years. However, by the second half of 2015, international crude oil prices have been falling all the way, and the price of domestic diesel per ton has also fallen below 4,000 yuan. For biodiesel, due to the pressure of cost, the price difference between biodiesel and petrochemical diesel has narrowed, and the profit of biodiesel manufacturers has been shrinking. Therefore, the production of biodiesel in China is significantly lower than that in 2014, and some biodiesel manufacturers also Production stopped due to production pressure. It can be seen that the development of biodiesel as an additive for petrochemical diesel is inseparable from the rise and fall of petrochemical diesel.
Due to the close correlation between biodiesel and petrochemical diesel, last week, due to the market's optimistic expectations for the “frozen production†agreement, international crude oil rose strongly, and domestic diesel prices also rose significantly. Some biodiesel manufacturers have optimistic expectations for the market outlook. However, recently, OPEC and non-OPEC oil producers did not reach a consensus on the “frozen production†agreement at the Doha meeting. If the spot price of international crude oil falls sharply and continues to operate, the current round of domestic refined oil product is expected to be turned again. Stranded expectations, domestic diesel prices are unlikely to rebound sharply in the short term. Therefore, in general, the domestic biodiesel market will remain dominated by the weak market in the short term, and manufacturers will consolidate oil prices according to their own conditions.
As an alternative energy biodiesel, without the support of national policies, it is difficult to change the status quo, low oil prices are still continuing, and there is basically no market in most areas. Currently, there are more epoxy, but the amount of epoxy channels is limited. For the current huge domestic production capacity, there is no big effect. Since biodiesel can solve the problem of the dip oil table and can contribute to energy saving and emission reduction, then where does our policy support go?
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