South Korean May ethanol imports flat on year but down 5% from April

In South Korea, Platts reports that ethanol imports fell nearly 5% in May compared to April at 29,020 metric tons. Imports were slightly higher compared to May 2017, however. More than 40% of the undenatured ethanol came from Australia, followed by Pakistan, while imports from Brazil aren’t expected until Q3. Australia accounts for 47% of all undenatured ethanol imports so far during 2018. Nearly all of the 19,903 tons of denatures ethanol came from the US, accounting for more than 88%.