E10 pump prices up 12.5% as ethanol imports soar $100 per cubic meter

In the Philippines, the lack of ethanol supply has boosted prices, and as a result, prices at the pump for E10 have risen by 12.5%. Imported ethanol prices have risen by $100 per cubic meter. The government is still weighing the repercussions on the local industry if the E10 policy is suspended.