China: Biofuels Annual

Total ethanol production for 2018 is forecast to grow on strong demand and policy support. With greater production and the current high tariff, imports are forecast at near zero. Supply and use for biodiesel remain small. There is no blending mandate nationwide, only at the provincial level at varying degrees. Note: On September 13, 2017, the Chinese state media reported on the implementation plan concerning the Expansion of Ethanol Production and Promotion for transportation fuel, jointly announced by the National Development and Reform Commission (NDRC), the National Energy Administration (NEA), the Ministry of Finance, and 12 other Ministries. The plan calls for China to achieve nationwide use of 10 percent ethanol (E10) by 2020. By 2025, China will shift renewable fuel production to commercial scale cellulosic ethanol. If realized, this plan, taken with China’s ongoing corn sector reform, will fundamentally transform the coarse grains, distillers’ dried grains and ethanol markets in China. 

China: Biofuels Annual