I. Key Focus Areas
Core Logic:
II. Price Table
Unit: Yuan/ton, USD/barrel
Chempricehub Daily Briefing on Ethanol and Related Fuel Products
| Product | Region | 2026/10/21 | 2026/10/20 | Change | Remarks |
|---|---|---|---|---|---|
| Crude Oil | WTI | 97.15 | 101.79 | -0.67 | |
| Brent | 108.82 | 108.79 | +0.03 | ||
| Domestic Gasoline Guideline Price (89#) | 8475 | 8475 | Shandong | ||
| Dried Cassava Chips | Thailand | 245-245 | 245-245 | FOB, USD/ton | |
| Converted Delivered Price | 1993-1993 | 1993-1993 | East China, Yuan/ton | ||
| Corn (Factory Gate) | Heilongjiang | 1988-2037 | 1988-2037 | Heilongjiang | |
| Jilin | 2050-2100 | 2050-2100 | Jilin | ||
| Henan | 2130-2140 | 2130-2140 | Jiaozuo dried grain, 14% moisture | ||
| Shandong | 2202-2202 | 2202-2202 | Weifang dried grain, 14% moisture | ||
| Standard Grade | Heilongjiang (East) | 5050-5150 | 5050-5150 | Corn-based | |
| Heilongjiang (West) | 5180-5200 | 5180-5200 | Corn-based | ||
| Jilin | 5200-5250 | 5200-5250 | Corn-based | ||
| Shandong | - | - | Cassava-based, ex-factory | ||
| Shandong | 5650-5700 | 5550-5650 | +100/+100 | Wheat-based | |
| Northern Jiangsu | 5750-5750 | 5750-5750 | Cassava-based | ||
| Southern Jiangsu | 5850-5930 | 5850-5930 | Cassava-based, ex-factory | ||
| Anhui | 5800-5850 | 5800-5850 | Grain/Cassava-based | ||
| Guangxi | 5700-5800 | 5700-5800 | Molasses/Cassava-based | ||
| Premium Grade | Heilongjiang | 5100-5200 | 5100-5200 | East/West, Corn-based | |
| Jilin | 5300-5450 | 5300-5450 | Corn-based | ||
| Shandong | 5700-5750 | 5600-5700 | +100/+50 | Wheat-based | |
| Northern Jiangsu | 5800-5800 | 5800-5800 | |||
| Henan | 5680-5700 | 5650-5650 | +30/+50 | Corn-based | |
| Anhydrous Ethanol | Heilongjiang (Standard) | 5700-5850 | 5700-5850 | Corn-based | |
| Heilongjiang (Electronic Grade) | 5950-6000 | 5950-6000 | Corn-based | ||
| Jilin (Standard) | 5800-5870 | 5800-5870 | Corn-based, mostly low-end transactions | ||
| Jilin (Electronic Grade) | 5900-5920 | 5900-5920 | Corn-based, mostly low-end transactions | ||
| Henan (Standard) | 6300-6300 | 6200-6250 | +100/+50 | Corn-based | |
| Henan (Electronic Grade) | 6350-6350 | 6300-6300 | +50/+50 | Corn-based, no stock available | |
| Northern Jiangsu | 6450-6500 | 6450-6500 | Cassava-based | ||
| Anhui | 6450-6500 | 6450-6500 | Grain/Cassava-based | ||
| Guangxi | 6500-6600 | 6500-6600 | Cassava-based | ||
| Port | Jinzhou Port | 5500-5500 | 5500-5500 | Standard grade, Corn-based | |
| Fuel Ethanol | Heilongjiang (East) | 5800-6087 | 5800-6087 | High-end price is delivered in Heilongjiang | |
| Heilongjiang (West) | 5800-6087 | 5800-6087 | High-end price is delivered in Heilongjiang | ||
| Liaoning | 6000-6317 | 6000-6317 | Delivered price in Liaoning | ||
| Jilin | 6237-6237 | 6237-6237 | Delivered price in Jilin | ||
| Panjin Independent Refinery (Delivered) | - | - | |||
| Shandong Independent Refinery (Delivered) | 5880-5880 | 5880-5880 | Delivered price | ||
| Synthetic/Coal-based Ethanol | Shaanxi Starting Bid | 5750 | 5750 | Online starting bid price | |
| Anhui Starting Bid | 6010 | 6010 | Online starting bid price | ||
| Henan Standard | 6100 | 6100 | Quote, negotiable upon transaction | ||
| Henan High-end | - | - | Shutdown | ||
| Shandong | 6250 | 6250 | Shutdown | ||
| Hunan | 6100 | 6100 | Quote, negotiable upon transaction | ||
| Hebei | 6300 | 6300 | Quote, negotiable upon transaction | ||
| Hubei | 6100 | 6100 | Quote, negotiable upon transaction | ||
| Guangdong | 6650 | 6650 | Quote, negotiable upon transaction | ||
| Ethyl Acetate | East China (Ex-pickup) | 6450-6770 | 6550-6920 | -100/-150 | |
| MTBE | Shandong (Ex-pickup) | 8150-8250 | 8100-8200 | +50/+50 | |
| DDGS | Heilongjiang | 2080-2200 | 2080-2200 | ||
| Jilin | 2170-2270 | 2170-2270 | |||
| Henan | 2230-2230 | 2230-2230 | |||
| Freight Tracking | West Heilongjiang - Shandong | 480-560 | 480-560 | Standard Ethanol | |
| Henan - Shandong | 100-200 | 100-200 | |||
| East Heilongjiang - Shandong | 400-440 | 400-440 | Standard Ethanol | ||
| Northwest - Shandong | 270-310 | 270-310 | |||
| Mengzhou - Chengdu | 360-390 | 360-390 | Return empty trucks are relatively cheap |
III. Data Table
| Data Type | This Week | Last Week | Expected Trend |
|---|---|---|---|
| Cassava Ethanol Profit | -279.51 | -279.51 | ↗ |
| Corn Ethanol Profit | -138.75 | -138.75 | ↗ |
| Coal-based Ethanol Profit | 300 | 300 | ↗ |
| Remarks: 1. Cassava ethanol profit refers to production profit for cassava ethanol in Northern Jiangsu, East China. 2. Corn ethanol profit refers to production profit for corn ethanol in Heilongjiang, Northeast China. 3. Molasses ethanol profit refers to production profit for molasses ethanol in southern markets. |
Unit: Yuan/ton
IV. Market Outlook
Domestic ethanol prices are expected to remain stable in the short term. Prices in Northeast China are stable as orders are being shipped. Prices in East China are stable as downstream sectors absorb recent increases in the short term. Prices in Henan are stable in the short term but may decline once suspended plants resume operations. Coal-based ethanol prices are stable with contract order shipments, resulting in no inventory pressure in the short term. Fuel ethanol prices are slightly weak, with some sellers showing a positive attitude towards offloading inventory.
| Data | Release Time | Current Value | Expected Trend |
|---|---|---|---|
| Ethanol Operating Rate | Thursday 15:00 PM | 59.19% | ↗ |
| Ethyl Acetate Operating Rate | Thursday 15:00 PM | 51.08% | ↗ |
| Remarks: 1. ↑↓ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0-3%. |
Chempricehub Daily Briefing on Ethanol and Related Fuel Products
| Product | Region | 2025/10/28 | 2025/10/27 | Change | Remarks |
|---|---|---|---|---|---|
| Crude Oil | WTI | 60.15 | 61.31 | -1.16 | |
| Brent | 64.4 | 65.62 | -1.22 | ||
| Domestic Gasoline Guideline Price (89#) | 7969 | 7969 | Shandong | ||
| Dried Cassava Chips | Thailand | 212-215 | 212-215 | FOB, USD/ton | |
| Converted Delivered Price | 1828-1856 | 1828-1856 | East China, Yuan/ton | ||
| Corn (Factory Gate) | Heilongjiang | 1955-2002 | 1955-2002 | Heilongjiang | |
| Jilin | 2010-2090 | 2020-2090 | -10/0 | Jilin | |
| Henan | 2200-2210 | 2200-2210 | Jiaozuo dried grain, 14% moisture | ||
| Shandong | 2170-2170 | 2160-2160 | +10/+10 | Weifang dried grain, 14% moisture | |
| Standard Grade | Heilongjiang (East) | 4820-4830 | 4820-4830 | Corn-based | |
| Heilongjiang (West) | 4850-4900 | 4850-4900 | Corn-based | ||
| Jilin | 4950-5050 | 4950-5050 | Corn-based | ||
| Shandong | 5400-5400 | 5400-5400 | Cassava-based, ex-factory | ||
| Shandong | 5150-5300 | 5150-5300 | Wheat-based | ||
| Northern Jiangsu | 5300-5300 | 5300-5300 | Cassava-based | ||
| Southern Jiangsu | 5400-5400 | 5400-5400 | Cassava-based, ex-factory | ||
| Anhui | 5350-5350 | 5350-5350 | Grain/Cassava-based | ||
| Guangxi | 5650-5700 | 5650-5700 | Cassava-based | ||
| Premium Grade | Heilongjiang | 4900-4950 | 4900-4950 | East/West, Corn-based | |
| Jilin | 5100-5450 | 5100-5450 | Corn-based | ||
| Shandong | 5300-5350 | 5300-5350 | Wheat-based | ||
| Northern Jiangsu | 5380-5380 | 5380-5380 | |||
| Henan | 5230-5250 | 5230-5250 | Corn-based | ||
| Anhydrous Ethanol | Heilongjiang (Standard) | 5400-5450 | 5400-5450 | Corn-based | |
| Heilongjiang (Electronic Grade) | 5450-5500 | 5450-5500 | Corn-based | ||
| Jilin (Standard) | 5500-5850 | 5500-5850 | Corn-based, mostly low-end transactions | ||
| Jilin (Electronic Grade) | 5650-5950 | 5650-5950 | Corn-based, mostly low-end transactions | ||
| Henan (Standard) | 5900-5950 | 5900-5950 | Corn-based | ||
| Henan (Electronic Grade) | - | - | Corn-based, no stock available | ||
| Northern Jiangsu | 5900-5900 | 5900-5900 | Cassava-based | ||
| Anhui | 5900-5950 | 5900-5950 | Grain/Cassava-based | ||
| Guangxi | 6350-6450 | 6350-6450 | Cassava-based | ||
| Port | Jinzhou Port | 5100-5200 | 5100-5200 | Standard grade, Corn-based | |
| Fuel Ethanol | Heilongjiang (East) | 5200-5200 | 5200-5200 | ||
| Heilongjiang (West) | 5250-5250 | 5250-5250 | |||
| Liaoning | 5500-5500 | 5500-5500 | |||
| Jilin | 5400-5400 | 5400-5400 | |||
| Panjin Independent Refinery (Delivered) | - | - | |||
| Shandong Independent Refinery (Delivered) | 5250-5250 | 5260-5290 | -10/-40 | Delivered price | |
| Synthetic/Coal-based Ethanol | Shaanxi Starting Bid | 5450 | 5450 | Online quote | |
| Anhui Starting Bid | 5400 | - | Online starting bid price | ||
| Henan Standard | 5800 | 5800 | Hydrogenation of acetate esters | ||
| Henan High-end | - | - | Quote (Unit shut down on the 13th) | ||
| Shandong | 5400 | 5460 | -60 | Quote | |
| Hunan | 5600 | 5600 | Quote | ||
| Hebei | 5600 | 5600 | Quote, negotiable upon transaction | ||
| Guangdong | - | - | |||
| Guangdong High-end | 5950 | 6100 | -150 | High-end, purity 99.9% | |
| Ethyl Acetate | East China (Ex-pickup) | 5140-5200 | 5140-5200 | ||
| MTBE | Shandong (Ex-pickup) | 4850-4950 | 4900-4950 | -50/0 | |
| DDGS | Heilongjiang | 2030-2150 | 2030-2150 | ||
| Jilin | 1950-2250 | 1950-2250 | |||
| Henan | 2330-2330 | 2330-2330 | |||
| Freight Tracking | West Heilongjiang - Shandong | 280-300 | 280-300 | Standard Ethanol | |
| Henan - Shandong | 100-200 | 100-200 | |||
| East Heilongjiang - Shandong | 330-370 | 330-370 | Fuel Ethanol | ||
| Northwest - Shandong | 260-270 | 260-270 | |||
| Mengzhou - Chengdu | 250-300 | 250-300 | Return empty trucks are relatively cheap |
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