Tag: CHina

USDA sees Chinese ethanol imports falling to 300 million liters in 2017

USDA sees Chinese ethanol imports falling to 300 million liters in 2017

February 14, 2017 |

In China, the USDA’s Beijing bureau said increased import duties on ethanol is seen cutting import demand from the US by two-thirds to 300 million liters in 2017 from 853 million liters last year. As China looks to draw down its record-breaking stocks of poor quality corn through ethanol production, distilleries are expected to produce […]

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Chinese corn futures soar after government confirms ethanol and bioplastics commitment

Chinese corn futures soar after government confirms ethanol and bioplastics commitment

February 7, 2017 |

In China, the “number one document,” a key rural policy document, was released late on Sunday indicating the government still aims to cut down around 20 million metric tons of poor quality corn stocks for use in ethanol and bioplastic, a move that saw corn futures prices on the Dalian Commodity Exchange soar to 18-month […]

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PolyU researchers develop new class of solid catalysts for biodiesel production

PolyU researchers develop new class of solid catalysts for biodiesel production

January 30, 2017 |

In China, PolyU researchers have thus adopted precise surface chemistry engineering to develop a new class of solid catalyst for use in biodiesel production. This new catalyst for green biodiesel can be synthesized in one step from low-grade unrefined feedstock such as waste cooking oil, with no aqueous treatment steps required. Ethanol or propanol extracted […]

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Chinese tariff policies slide value of US DDGs by 30%

Chinese tariff policies slide value of US DDGs by 30%

January 23, 2017 |

In Illinois, preliminary tariffs on U.S. DDG, totaling more than 40 percent, were imposed by China several months ago, causing the price of DDG to drop by about 30 percent, or about $60 per ton, affecting the 36 million tons of DDG produced annually in the U.S. The combined tariffs, now totaling more than 80 […]

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Chinese ethanol and DDGs imports sink in December ahead of tariffs

Chinese ethanol and DDGs imports sink in December ahead of tariffs

January 23, 2017 |

In China, ethanol imports in December fell 31% on the year to 124,823 cubic meters in response to increased domestic production and expectation of the increased import duties that should be announced shortly on US ethanol. DDGs saw an even more dramatic fall in demand as imports sank by more than 83% on the year. […]

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Chinese ethanol tariffs drives US market towards a bearish future

Chinese ethanol tariffs drives US market towards a bearish future

January 18, 2017 |

In Illinois, the US ethanol industry is suddenly looking at a bear market with the end of Chinese export opportunities at the same time it is expecting to produce record volumes this year, a combination that will likely weigh heavily on prices. Production is currently well over a million barrels a day on average, coming […]

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Traders cancel cargoes as China seen boosting ethanol import duty to 30%

Traders cancel cargoes as China seen boosting ethanol import duty to 30%

January 16, 2017 |

In China, as many as seven cargos of US ethanol—as much as 443,000 cubic meters—set for import through March have been canceled as the government looks to likely boost import taxes in an effort to protect its market that needs to absorb millions of tons of spoiled corn, predominantly in the form of ethanol and […]

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China slaps punitive tariffs on US ethanol and DDG exports

China slaps punitive tariffs on US ethanol and DDG exports

January 15, 2017 |

In China, the national government slapped the US ethanol industry with heavy tariffs that went into effect last Thursday. U.S. farmers say the tariffs will cost U.S. agriculture at least $2B per year. Preliminary tariffs on U.S. DDG, totaling more than 40 percent, were imposed by China several months ago, causing the price of DDG […]

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China lobs anti-dumping duties on American DDGS imports

China lobs anti-dumping duties on American DDGS imports

January 11, 2017 |

In Washington, the US Grains Council says the announcement Tuesday by China’s Ministry of Commerce (MOFCOM) that it will subject U.S. distiller’s dried grains with solubles (DDGS) to anti-dumping and countervailing duties (AD/CVDs) is the latest in a rash of measures taken by the Chinese government to restrict access to that market for U.S. feed […]

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China to push hard for PLA and ethanol as it eats through giant corn glut

China to push hard for PLA and ethanol as it eats through giant corn glut

January 3, 2017 |

In China, the government announced it will push for a major boost in bioplastics production in an effort to eat its way through its giant corn glut, in addition to boosting ethanol production from corn through 2020. The focus on PLA is a way to add value to the more than 200 million metric tons […]

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