USDA sees Chinese ethanol imports falling to 300 million liters in 2017

February 14, 2017 |

In China, the USDA’s Beijing bureau said increased import duties on ethanol is seen cutting import demand from the US by two-thirds to 300 million liters in 2017 from 853 million liters last year. As China looks to draw down its record-breaking stocks of poor quality corn through ethanol production, distilleries are expected to produce nearly 13% more this year at around 3.55 billion liters. New factories seen coming online by 2020 will boost production capacity to 6.33 billion liters.

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