I. Key Points
Core Logic:
II. Price List
Chempricehub Ethanol & Fuel Ethanol Related Products Morning Report
| Product | Region | 2026/10/27 | 2026/10/26 | Change | Remarks |
|---|---|---|---|---|---|
| Crude Oil | WTI | 99.9 | 101.76 | -1.86 | |
| Brent | 113.88 | 115.81 | -1.93 | ||
| Domestic Gasoline Guideline Price (89#) | 8475 | 8475 | Shandong | ||
| Dried Cassava Chips | Thailand | 240-245 | 240-245 | FOB, USD/ton | |
| Delivered Factory Cost | 1947-1984 | 1947-1984 | East China, CNY/ton | ||
| Corn (Factory Intake) | Heilongjiang | 1988-2037 | 1988-2037 | Heilongjiang | |
| Jilin | 2070-2100 | 2050-2100 | +20/0 | Jilin | |
| Henan | 2160-2170 | 2130-2150 | +30/+20 | Jiaozuo dry grain, 14% moisture | |
| Shandong | 2240-2240 | 2230-2230 | +10/+10 | Weifang dry grain, 14% moisture | |
| Standard Grade | Heilongjiang (East) | 5100-5150 | 5050-5150 | +50/0 | Corn-based |
| Heilongjiang (West) | 5180-5200 | 5180-5200 | Corn-based | ||
| Jilin | 5200-5280 | 5200-5280 | Corn-based | ||
| Shandong | - | - | Cassava-based, Ex-factory | ||
| Shandong | 5650-5700 | 5650-5700 | Wheat-based | ||
| Northern Jiangsu | 5750-5780 | 5750-5780 | Cassava-based | ||
| Southern Jiangsu | 5850-5930 | 5850-5930 | Cassava-based, Ex-factory | ||
| Anhui | 5750-5800 | 5750-5800 | Grain/Cassava-based | ||
| Guangxi | 5600-5800 | 5600-5800 | Molasses/Cassava-based | ||
| Premium Grade | Heilongjiang | 5150-5250 | 5100-5200 | +50/+50 | East/West, Corn-based |
| Jilin | 5350-5450 | 5350-5450 | Corn-based | ||
| Shandong | 5700-5750 | 5700-5750 | Wheat-based | ||
| Northern Jiangsu | 5800-5800 | 5800-5800 | |||
| Henan | 5650-5660 | 5650-5690 | 0/-30 | Corn-based | |
| Anhydrous Ethanol | Heilongjiang (Standard) | 5700-5850 | 5700-5850 | Corn-based | |
| Heilongjiang (Electronic Grade) | 5950-6000 | 5950-6000 | Corn-based | ||
| Jilin (Standard) | 5800-5850 | 5800-5850 | Corn-based, mainly low-end transactions | ||
| Jilin (Electronic Grade) | 5900-5920 | 5900-5920 | Corn-based, mainly low-end transactions | ||
| Henan (Standard) | 6250-6250 | 6250-6250 | Corn-based | ||
| Henan (Electronic Grade) | 6300-6300 | 6300-6300 | 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 | Delivered to Heilongjiang | |
| Heilongjiang (West) | 5800-6087 | 5800-6087 | Delivered to Heilongjiang | ||
| Liaoning | 6000-6317 | 6000-6317 | Delivered to Liaoning | ||
| Jilin | 5600-6237 | 5600-6237 | High-end delivered to Jilin | ||
| Panjin Independent Refinery (Delivered) | - | - | |||
| Shandong Independent Refinery (Delivered) | 5740-5760 | 5850-5850 | -110/-90 | Delivered price | |
| Synthetic/Coal-based Ethanol | Shaanxi Starting Bid | 5520 | 5520 | Online starting bid price | |
| Anhui Starting Bid | 5910 | 5910 | Online starting bid price | ||
| Henan Standard | 5900 | 5900 | Quote, negotiable upon transaction | ||
| Henan High-end | - | - | Plant shut down | ||
| Shandong | 6200 | 6200 | Plant shut down | ||
| Hunan | 6100 | 6100 | Quote, negotiable upon transaction | ||
| Hebei | 6350 | 6300 | +50 | Quote, negotiable upon transaction | |
| Hubei | 6050 | 6050 | Quote, negotiable upon transaction | ||
| Guangdong | 6650 | 6650 | Quote, negotiable upon transaction | ||
| Ethyl Acetate | East China (Self-pickup) | 6700-6900 | 6700-6900 | ||
| MTBE | Shandong (Self-pickup) | 8080-8150 | 8100-8200 | -20/-50 | |
| DDGS | Heilongjiang | 2070-2140 | 2070-2140 | ||
| Jilin | 2150-2230 | 2150-2230 | |||
| Henan | 2080-2080 | 2100-2100 | -20/-20 | ||
| Freight Tracking | Western Heilongjiang - Shandong | 480-560 | 480-560 | Standard Ethanol | |
| Henan - Shandong | 100-200 | 100-200 | |||
| Eastern 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 |
Unit: CNY/ton, USD/barrel
III. Data List
| 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 the Northern Jiangsu market of East China. 2. Corn ethanol profit refers to production profit for corn ethanol in the Heilongjiang market of Northeast China. 3. Molasses ethanol profit refers to production profit for molasses ethanol in the southern market. |
Unit: CNY/ton
IV. Market Outlook
Domestic ethanol prices are expected to remain stable in the short term. Prices in Northeast China are stable; while some product categories face tight availability from plants, new trade orders are limited, keeping short-term prices steady. Prices in East China are stable as downstream contractual orders are being fulfilled. In Henan, prices may continue to decline after plants resume operations. Coal-based ethanol prices are stable as contractual orders are shipped. Fuel ethanol prices are stable but weak due to poor downstream demand.
| 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% | ↗ |
| Remarks: 1. ↑↓ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data dimensions with changes within 0-3%. |
Chempricehub Ethanol & Fuel Ethanol Related Products Morning Report
| 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 | |
| Delivered Factory Cost | 1828-1856 | 1828-1856 | East China, CNY/ton | ||
| Corn (Factory Intake) | 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 | |
| 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, mainly low-end transactions | ||
| Jilin (Electronic Grade) | 5650-5950 | 5650-5950 | Corn-based, mainly 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 | Hydrogenated acetate ester | ||
| Henan High-end | - | - | Quote (Plant 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 (Self-pickup) | 5140-5200 | 5140-5200 | ||
| MTBE | Shandong (Self-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 | Western Heilongjiang - Shandong | 280-300 | 280-300 | Standard Ethanol | |
| Henan - Shandong | 100-200 | 100-200 | |||
| Eastern 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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