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Processing Margin Estimates for DDGS in Corn Ethanol Enterprises of China--4/6/2021

2021-04-06 www.cofeed.com
Product Province Corn Price Ethanol Price Processing Fee DDGS Price Margin(CNY/tonne)
Domestic DDGS Jilin 2640 6950 1100 2670 200
Heilongjiang 2540 6700 1100 2550 148
Hebei 2770 7200 1050 2650 93
Henan 2780 7200 1000 2600 70
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.

 

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