Today is 03/29/2024

Processing Margin Estimates for DDGS in Corn Ethanol Enterprises of China--1/18/2021

2021-01-18 www.cofeed.com
Product Province Corn Price Ethanol Price Processing Fee DDGS Price Margin
(CNY/tonne)
Domestic DDGS Jilin 2730 6650 1100 2850 -218
Heilongjiang 2645 6700 1100 2500 -210
Hebei 2797 7300 1050 2550 27
Henan 2840 7200 1050 2750 -33
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 differences due to various scales of factories.
3. Margin is calculated with the intraday corn price, rather than that of the inventory, so there may also be some differences from actual margin.