Argentina raises ethanol prices for both corn and sugarcane yet again

In Argentina, the government has raised yet again the price oil companies must pay for corn-based ethanol by 10.5% for March with another 7.96% expected for early April, reaching more than 64 cents per liter. Sugar-based ethanol prices will rise as well, though not as much, by 7.5% in March and another 3.54% in April, bringing the price to 80 cents. The government sets the prices for ethanol required to achieve the 12% blending mandate.