Philippines sets Q4 ethanol quota 50% higher than in 2017

In the Philippines, Platts reports that the country’s Department of Energy has cut the quarterly ethanol quota and monthly allocations for domestic ethanol purchases for Q4 by nearly 10% compared to Q3 at 103,613 cu m. That level is more than 50% higher than in Q4 last year, however. The Q4 allotments will bring the year’s total to 367,686 cu m, more than 22% higher on the year due to increased ethanol production despite flat acreage for sugarcane production and molasses availability.