Today is 11/15/2024
| Product | Province | Corn Price (RMB/tonne) |
Ethanol
Price (RMB/tonne) |
Processing
Fee (RMB/tonne) |
DDGS Price (RMB/tonne) |
Margin (RMB/tonne) |
| China DDGS | Jilin | 1,780 | 4,900 | 1,100 | 1,830 | 16 |
| Heilongjiang | 1,731 | 4,850 | 1,000 | 1,850 | 230 | |
| Hebei | 1,970 | 5,100 | 1,050 | 1,850 | -288 | |
| Henan | 2,060 | 5,100 | 1,050 | 2,050 | -388 |
Remarks:
1. Processing Fee is the fee for three tonnes of corn, and the margin is from one tonne of ethanol.
2. Margin is estimated at the average level in this industry, and there may be some difference due to different size of factories.
3. Margin is calculated with the intraday corn price, rather than the inventory cost, so there may also be some difference from actual margin.