European T2 ethanol rises to 21-month highs as mothballed facilities bite into supplies

December 5, 2018 |

In the Netherlands, Platts reports that T2 ethanol prices have risen to Eur622.25/cu m FOB Rotterdam as tight supplies in the Amsterdam-Rotterdam-Antwerp region pushed levels to 21-month highs. Key suppliers to the region, Vivergo and Ensus from the UK, have been mothballed and in turn left the region without sufficient volume. US and Latin American imports are expected to relieve some of the pressure in the coming months as low levels on the Rhine River continue to wreak havoc on production transportation throughout Europe, though with winter rains the situation appears to be easing.

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