Argentina raises ethanol prices for August by more than 3%

In Argentina, the government raised the price for sugarcane ethanol by 2% to $1.04 a liter and by more than 3% for corn-based ethanol. In March, ethanol production reached 64,599 metric tons, up 55% on the year from 41,799 tons in March 2014. Compared to February’s production of 51,625 tons, March production was up 25%. Ethanol consumption is also on the rise, at 68,105 tons for March compared to 52,301 tons in March 2014 and 61,674 tons in February.