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China DDGS Processing Margin Estimates in Some Production Regions-10/12/2019

2019-12-10 www.cofeed.com
Product Province Corn Price
(RMB/tonne)		 Ethanol Price
(RMB/tonne)		 Processing Fee
(RMB/tonne)		 DDGS Price
(RMB/tonne)		 Margin
(RMB/tonne)
China DDGS Jilin 1,690 5,000 1,100 1,700 275
Heilongjiang 1,631 4,900 1,000 1,680 435
Hebei 1,875 5,050 1,050 1,700 -180
Henan 1,920 5,200 1,050 1,850 -38

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