| Product | Province | Corn Price | Ethanol Price | Processing Fee | DDGS Price | Margin (CNY/tonne) |
| Domestic DDGS | Jilin | 2650 | 6500 | 1100 | 2670 | -281 |
| Heilongjiang | 2680 | 6400 | 1100 | 2580 | -547 | |
| Hebei | 2865 | 7000 | 1050 | 2650 | -393 | |
| Henan | 2920 | 6900 | 1000 | 2750 | -523 | |
| 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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