Get the ChemPriceHub app — track prices on the go. Membership syncs across app & web. View plans

Welcome to ChemPriceHub

 
Home > News > Ethanol Market Morning Briefing (20260911)

Ethanol Market Morning Briefing (20260911)

Published on 2026-09-11

I. Key Points

  1. 9/10: There are no signs of easing in the U.S.-Iran conflict; the Houthi armed forces continue to pressure Saudi Arabia; supply risks are increasing rather than decreasing; international oil prices continued to rise. NYMEX crude oil futures October contract at 102.48, up USD 6.43/bbl, up 6.69% from the previous period; ICE Brent crude futures November contract at 107.63, up USD 6.42/bbl, up 6.34% from the previous period. China's INE crude oil futures 2610 contract rose 45.9 to 768.4 yuan/bbl, and rose 47.6 to 816 yuan/bbl in the night session.

Core logic:

  1. Edible ethanol: Yesterday, edible ordinary-grade ethanol market prices saw regional plant changes, with regional rangebound consolidation.
  2. Anhydrous ethanol: Yesterday, anhydrous ethanol market prices were stable and consolidating by region.
  3. Fuel ethanol: Yesterday, fuel ethanol market prices were stable, and independent refinery receiving prices operated steadily.
  4. Coal-based ethanol: Yesterday, coal-based ethanol market quotations ran steadily.

II. Price Table

Unit: yuan/mt, USD/bbl

Chempricehub News: Morning Report on Ethanol and Fuel Ethanol Related Products

Product Region 2026/9/10 2026/9/9 Change Remarks
Crude oil WTI 102.48 96.05 +6.43
Brent 107.63 101.21 +6.42
Domestic gasoline guidance price (89#) Shandong 8475 8475
Cassava chips Thailand 245-245 245-245 FOB, USD/mt
Converted to plant East China 2025-2025 2025-2025 yuan/mt
Corn (plant-gate) Heilongjiang 2100-2155 2100-2155 Heilongjiang
Jilin 2180-2270 2180-2270 Jilin
Henan 2200-2200 2200-2220 0/-20 Jiaozuo dry grain, 14% moisture
Shandong 2280-2280 2280-2280 Weifang dry grain, 14% moisture
Ordinary grade Heilongjiang (eastern) 4900-5100 4900-5100 Corn
Heilongjiang (western) 4950-5150 4950-5150 Corn
Jilin 5100-5170 5100-5170 Corn
Shandong - - Cassava, ex-works
Shandong 5420-5500 5420-5500 Wheat
Northern Jiangsu 5550-5550 5550-5550 Cassava
Southern Jiangsu 5650-5700 5650-5700 Cassava, ex-works
Anhui 5500-5550 5500-5550 Grain/cassava
Guangxi 5700-5800 5700-5800 Molasses/cassava
Premium grade Heilongjiang 5000-5150 5000-5150 East and West, corn
Jilin 5200-5450 5200-5450 Corn
Shandong 5470-5550 5470-5550 Wheat
Northern Jiangsu 5600-5600 5600-5600
Henan 5450-5500 5450-5500 Corn
Anhydrous ethanol Heilongjiang (ordinary) 5700-5850 5700-5850 Corn
Heilongjiang (electronic grade) 5950-6000 5950-6000 Corn
Jilin (ordinary) 5850-5850 5850-5850 Corn, mainly traded at the low end
Jilin (electronic grade) 5900-5920 5900-5920 Corn, mainly traded at the low end
Henan (ordinary) 6150-6150 6150-6150 Corn
Henan (electronic grade) 6250-6250 6250-6250 Corn, no goods available
Northern Jiangsu 6350-6400 6350-6400 Cassava
Anhui 6400-6400 6400-6400 Grain/cassava
Guangxi 6500-6600 6500-6600 Cassava
Port Jinzhou Port 5350-5450 5350-5450 Ordinary grade, corn
Fuel ethanol Heilongjiang (eastern) 6100-6198 6100-6198 High-end price is delivered to Heilongjiang
Heilongjiang (western) 6100-6198 6100-6198 High-end price is delivered to Heilongjiang
Liaoning 6426-6426 6426-6426 Delivered price in Liaoning
Jilin 6349-6349 6349-6349 Delivered price in Jilin
Panjin independent refineries (delivered) - -
Shandong independent refineries (delivered) 5940-5940 5930-5980 +10/-40 Delivered price
Synthetic/coal-based ethanol Shaanxi starting bid 5800 5800 Online starting bid price
Anhui starting bid 5980 5980 Online starting bid price
Henan ordinary 6100 6100 Quotation, transaction negotiable
Henan high-end - - Shut down
Shandong 6150 6150 Quotation, transaction negotiable
Hunan 6050 6050 Quotation, transaction negotiable
Hebei 6300 6300 Quotation, transaction negotiable
Hubei 6050 6050 Quotation, transaction negotiable
Guangdong 6300 6300 Quotation, transaction negotiable
Ethyl acetate East China (ex-tank) 6150-6300 6000-6200 +150/+100
MTBE Shandong (ex-tank) 7900-8000 7550-7600 +350/+400
DDGS Heilongjiang 2180-2200 2190-2220 -10/-20
Jilin 2260-2380 2260-2380
Henan 2250-2250 2250-2250
Freight tracking Western Heilongjiang–Shandong 470-520 470-520 Ordinary grade ethanol
Henan–Shandong 100-200 100-200
Eastern Heilongjiang–Shandong 420-460 420-460 Ordinary grade ethanol
Northwest China–Shandong 270-310 270-310
Mengzhou–Chengdu 360-390 360-390 Return empty trucks are cheaper

III. Data Table

Data Type This Week Last Week Expected This Period
Cassava ethanol profit -518.8 -518.8
Corn ethanol profit -138.75 -138.75
Coal-based ethanol profit 300 300
Note: 1. Cassava ethanol profit refers to the production profit in the cassava ethanol market in Northern Jiangsu, East China. 2. Corn ethanol profit refers to the production profit in the corn ethanol market in Heilongjiang, Northeast China. 3. Molasses ethanol profit refers to the production profit in the molasses ethanol market in South China.

Unit: yuan/mt

IV. Market Outlook

Domestic ethanol prices are expected to be stable to firm in the short term. Prices in Northeast China are stable; contract orders are being shipped; freight rates are rising, and delivered prices are rising. Prices in East China are stable to firm, with chemical demand based on rigid needs. Prices in Henan are stable, and factories have no inventory pressure. Coal-based ethanol prices are stable, with order shipments. Fuel ethanol main producer transaction prices are stable, with order shipments.

Data Release Date Current Data Trend Forecast
Ethanol operating rate Thursday 15:00 PM 59.19%
Ethyl acetate operating rate Thursday 15:00 PM 51.08%
Note: 1. ↑↓ indicates large fluctuations, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data with changes within 0–3%.

Chempricehub News: Morning Report on Ethanol and Fuel Ethanol Related 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 guidance price (89#) Shandong 7969 7969
Cassava chips Thailand 212-215 212-215 FOB, USD/mt
Converted to plant East China 1828-1856 1828-1856 yuan/mt
Corn (plant-gate) Heilongjiang 1955-2002 1955-2002 Heilongjiang
Jilin 2010-2090 2020-2090 -10/0 Jilin
Henan 2200-2210 2200-2210 Jiaozuo dry grain, 14% moisture
Shandong 2170-2170 2160-2160 +10/+10 Weifang dry grain, 14% moisture
Ordinary grade Heilongjiang (eastern) 4820-4830 4820-4830 Corn
Heilongjiang (western) 4850-4900 4850-4900 Corn
Jilin 4950-5050 4950-5050 Corn
Shandong 5400-5400 5400-5400 Cassava, ex-works
Shandong 5150-5300 5150-5300 Wheat
Northern Jiangsu 5300-5300 5300-5300 Cassava
Southern Jiangsu 5400-5400 5400-5400 Cassava, ex-works
Anhui 5350-5350 5350-5350 Grain/cassava
Guangxi 5650-5700 5650-5700 Cassava
Premium grade Heilongjiang 4900-4950 4900-4950 East and West, corn
Jilin 5100-5450 5100-5450 Corn
Shandong 5300-5350 5300-5350 Wheat
Northern Jiangsu 5380-5380 5380-5380
Henan 5230-5250 5230-5250 Corn
Anhydrous ethanol Heilongjiang (ordinary) 5400-5450 5400-5450 Corn
Heilongjiang (electronic grade) 5450-5500 5450-5500 Corn
Jilin (ordinary) 5500-5850 5500-5850 Corn, mainly traded at the low end
Jilin (electronic grade) 5650-5950 5650-5950 Corn, mainly traded at the low end
Henan (ordinary) 5900-5950 5900-5950 Corn
Henan (electronic grade) - - Corn, no goods available
Northern Jiangsu 5900-5900 5900-5900 Cassava
Anhui 5900-5950 5900-5950 Grain/cassava
Guangxi 6350-6450 6350-6450 Cassava
Port Jinzhou Port 5100-5200 5100-5200 Ordinary grade, corn
Fuel ethanol Heilongjiang (eastern) 5200-5200 5200-5200
Heilongjiang (western) 5250-5250 5250-5250
Liaoning 5500-5500 5500-5500
Jilin 5400-5400 5400-5400
Panjin independent refineries (delivered) - -
Shandong independent refineries (delivered) 5250-5250 5260-5290 -10/-40 Delivered price
Synthetic/coal-based ethanol Shaanxi starting bid 5450 5450 Online quotation
Anhui starting bid 5400 - Online starting bid price
Henan ordinary 5800 5800 Acetate hydrogenation
Henan high-end - - Quotation (plant shut down on the 13th)
Shandong 5400 5460 -60 Quotation
Hunan 5600 5600 Quotation
Hebei 5600 5600 Quotation, transaction negotiable
Guangdong - -
Guangdong high-end 5950 6100 -150 High-end, mass fraction 99.9
Ethyl acetate East China (ex-tank) 5140-5200 5140-5200
MTBE Shandong (ex-tank) 4850-4950 4900-4950 -50/0
DDGS Heilongjiang 2030-2150 2030-2150
Jilin 1950-2250 1950-2250
Henan 2330-2330 2330-2330
Freight tracking Western Heilongjiang–Shandong 280-300 280-300 Ordinary grade ethanol
Henan–Shandong 100-200 100-200
Eastern Heilongjiang–Shandong 330-370 330-370 Fuel ethanol
Northwest China–Shandong 260-270 260-270
Mengzhou–Chengdu 250-300 250-300 Return empty trucks are cheaper

Comments

0
  • Olivier Dupont 2026-09-11 20:07
    Crude's jump on Iran/Houthi risk should lift ethanol feedstock cost and squeeze fuel ethanol margins, though edible and anhydrous grades look stable. I'm watching downstream demand and capacity utilization.
No comments yet.