Tag: Philippines

Record molasses prices boosts Philippine ethanol price to $1,165/cu m

Record molasses prices boosts Philippine ethanol price to $1,165/cu m

February 19, 2019 |

In the Philippines, Platts reports Sugar Regulatory Agency data shows record molasses prices pushed domestic ethanol prices to $1,165/cu m during the first half of February. Molasses prices rose to $194.85/mt during the first half of the month bringing ethanol prices to an equivalent of $0.83/liter. Sugar prices also rose during the period to $588.2/mt, […]

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Philippines boosts Q2 domestic ethanol quotas 38% higher on the year

Philippines boosts Q2 domestic ethanol quotas 38% higher on the year

January 24, 2019 |

In the Philippines, Platts reports that Q2 domestic ethanol quotas were set at 38% higher on the year at 99,650 cu m thanks to an increase in the number of producers, though it is only 7.5% higher than those set for Q1 2019. During the first half of January, domestic ethanol prices were running at […]

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Philippines domestic ethanol prices jump 25% year-on-year in December

Philippines domestic ethanol prices jump 25% year-on-year in December

January 8, 2019 |

In the Philippines, Platts reports that domestic ethanol prices skyrocketed in December to more than 25% above those seen in December 2017 at a whopping $1,101.40/cu m on the back of rising feedstock prices at roughly US$0.70 per liter of molasses. Sugarcane feedstock was lower at US$0.55 per liter. Though the month-on-month increase was only […]

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Philippines CIF ethanol prices fall to four-month low as it tracks Argo lower

Philippines CIF ethanol prices fall to four-month low as it tracks Argo lower

December 13, 2018 |

In the Philippines, Platts reports that imported ethanol prices basis CIF Philippines fell to $415.33/cu m earlier this week, a four-month low US ethanol prices continue to fall. Argo Ethanol prices fell to 15-year lows earlier in the week as production continues to pass more than a billion barrels per day despite rising corn prices […]

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Call for Philippines to boost ethanol blending to 20% in light of higher taxes

Call for Philippines to boost ethanol blending to 20% in light of higher taxes

December 12, 2018 |

In the Philippines, a governor who is running for the Senate next year is calling for an E20 blending mandate to reduce the rising cost of fuel resulting from increased taxes. She claims that the current blending law wouldn’t need to be amended to facilitate the E20 policy because the domestic industry could only support […]

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Philippine investors to develop $323.6 million sorghum-based ethanol plant

Philippine investors to develop $323.6 million sorghum-based ethanol plant

December 3, 2018 |

In the Philippines, the Manila Times reports that the country’s first non-molasses based ethanol plant will be developed in Zamboanga City, using sorghum as feedstock at the $323.6 million facility. The annual production capacity of the project that is seen as a key driver to improving the socio-economic conditions of the region was not announced. […]

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Philippines’ agri secretary agrees to push for B5 but only for military and government agencies

Philippines’ agri secretary agrees to push for B5 but only for military and government agencies

November 26, 2018 |

In the Philippines, the agriculture secretary said he will push for 5% biodiesel blending, up from the current 2% mandate, in an effort to support coconut farmers who are suffering from low prices while also offsetting imports of fossil-based diesel. The increased mandate he is pushing for will only apply to government procurement including military […]

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PCA pushes for B5 instead of B2, IPPCA says no way

PCA pushes for B5 instead of B2, IPPCA says no way

November 11, 2018 |

In the Philippines, the Independent Philippine Petroleum Companies Association (IPPCA) opposed the plan of the Philippine Coconut Authority (PCA) to increase the biodiesel amount to B5 from B2. “With Euro 4, there is no compelling reason to add or increase the biodiesel blend, given that the current diesel standard is already very clean,” IPPCA said […]

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Philippines boosts Q1 2019 ethanol quota despite steady feedstock supplies

Philippines boosts Q1 2019 ethanol quota despite steady feedstock supplies

October 24, 2018 |

In the Philippines, Platts reports that Q1 2019 ethanol quota was set at 91,000 cu m, varying from 29,500 cu m for January to 29,900 cu m for February and 31,600 cu m for March. The quarterly total is nearly 13% lower than from Q4 2018 by more than 20% higher during the same period […]

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Bioethanol producers seek molasses imports approval to meet demand

Bioethanol producers seek molasses imports approval to meet demand

September 27, 2018 |

In the Philippines, bioethanol distillers and producers asked the government, Sugar Regulatory Administration which is part of the Department of Agriculture, to allow molasses imports, in order to meet the yearly demand of 500 million liters of bioethanol and help grow the P30-billion bioethanol industry. Currently, they only can reach about 60% of demand because […]

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