In Thailand, cassava-based ethanol is set to boom next year with production doubling to 3 million metric tons, in part thanks to a $307 million boost from the government to support cassava growers. If that policy doesn’t go into place, then cassava prices will fall, also weighing on cassava ethanol prices that are currently slightly higher than molasses-based ethanol. The country is trying to move away from its reliance on LPG, which is 70% of the power supply, towards more biofuels.
More background on the story from the Digest
Category: Producer News