Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (63980)	5/19/2005 5:42:16 PM
From: Snowshoe	Read Replies (1) of 74559

>>The annual ethanol production in China now stands at around 45 million tons. To put it into perspective, that means, by the end of 2005, ethanol gasoline will count for 25% of the total gasoline consumption in China.<< My impression is that by the end of 2005, China's total annual gasoline consumption will be around 45 million tons. Of this, 3/4 will be standard gasoline and 1/4 will be an ethanol/gasoline blend containing up to 10% ethanol. I'm basing that on the following article... Liaoning adopts ethanol gasoline english.people.com.cn Ethanol is a form of alcohol used as a petrol additive. It makes up 10 per cent of the fuel blend. ... Production of ethanol fuel may hit 10.2 million tons, accounting for one-fourth of the total petrol production by the end of 2005, according to the China Automobile Newspaper.

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