Tag: Platts

Brazilian hydrous ethanol premium over sugar rises to four-year high

Brazilian hydrous ethanol premium over sugar rises to four-year high

January 22, 2018 |

In Brazil, Platts reports that hydrous ethanol prices continue to soar on lack of availability during the inter-harvest season, bringing the premium above raw sugar up along with it. The premium reached the highest seen in four years when Platts began tracking the premium. Last week saw the premium reach 4.5 cents per pound of […]

Read More

Brazilian hydrous ethanol reaches highest level since 2014 putting competitiveness in doubt

Brazilian hydrous ethanol reaches highest level since 2014 putting competitiveness in doubt

January 10, 2018 |

In Brazil, Platts reports that hydrous ethanol prices have soared to the highest level since April 2014 as supplies tighten during the January-April inter-harvest period. Most mills have sold the majority of the season’s production, leaving low supply levels in the hands of the few. Despite stronger prices, hydrous ethanol has remained competitive to gasoline […]

Read More

Ethanol stocks continue to rise even as production levels fall

Ethanol stocks continue to rise even as production levels fall

January 8, 2018 |

In Washington, Platts reports that Energy Information Administration data showed a nearly 60,000 b/d drop in ethanol production during the last week of December, but even so production stayed well above 1 million b/d, leading to further build up of stocks rising 588,000 barrels to 22.619 million barrels. Ethanol production that week was the lowest […]

Read More

Brazil becomes net ethanol importer as 2017 imports double on year

Brazil becomes net ethanol importer as 2017 imports double on year

January 8, 2018 |

In Brazil, Platts reports that December saw ethanol imports jump 68% on the month at 84.6 million liters, 59.5 million liters of which entered through the port of Sao Luis in the Northeast, most of which came from the US. The country became a net importer of ethanol following the year’s imports totaled 1.82 billion […]

Read More

New York Harbor prompt barge premium hits one-year high

New York Harbor prompt barge premium hits one-year high

January 4, 2018 |

In New York state, Platts reports that the ethanol price for New York Harbor continue to soar as a result of short-term logistical hiccups that began last week in Pennsylvania but have expanded across the region including the Midwest where most supplies originate due to extreme cold weather, pushing the prompt barge premium to a […]

Read More

European biodiesel premiums slide as gas oil futures rise

European biodiesel premiums slide as gas oil futures rise

January 1, 2018 |

In the Netherlands, Platts reports that European biodiesel premiums fell to nearly three-year lows last week as the RME premium fell to $328/mt FOB ARA, the lowest in 31 months and down $1/mt on the week, while FAME 0 premium slid $26/mt on the week to $224/mt FOB ARA, the lowest in 32 months. Gas […]

Read More

New York Harbor ethanol prices see short-term tightness due to PA rail logjam

New York Harbor ethanol prices see short-term tightness due to PA rail logjam

January 1, 2018 |

In Pennsylvania, Platts reports short term logistical rail challenges have kept Midwestern ethanol from moving towards New York Harbor where an unexpectedly large volume of ethanol barges have been booked for January, causing a momentary spurt in prices to 10.75 cents above the January Chicago ethanol swap last Thursday. With Midwest ethanol producers continuing to […]

Read More

Platts sees US 2018 ethanol exports to Brazil at 1.7 billion liters despite tariff

Platts sees US 2018 ethanol exports to Brazil at 1.7 billion liters despite tariff

November 8, 2017 |

In Brazil, Platts expects the US to export 1.7 billion liters of ethanol to Brazil next year, down slightly from the 1.8 billion liters seen for this year, despite the new 20% import duty on imports above 600 million liters, as center-south mills won’t be able to boost supplies to the north-northeast as higher gasoline […]

Read More

Platts sees higher Brazilian ethanol production during H2 September

Platts sees higher Brazilian ethanol production during H2 September

October 9, 2017 |

In Brazil, Platts expects hydrous ethanol production during the second half of September to reach 1.25 billion liters, more than 12% higher on the year, while anhydrous ethanol production should increase nearly 4% to 838 million liters from 41.55 million tons of cane. The expected volume of cane crushed is more than 2% lower than […]

Read More

Platts sees Brazil producing more ethanol in H2 August thanks to wet weather

Platts sees Brazil producing more ethanol in H2 August thanks to wet weather

September 11, 2017 |

In Brazil, a Platts survey estimates that wet weather will have led to more ethanol production during the second half of August with analysts seeing more than 51% of the likely 41.95 million metric ton crush going towards ethanol rather than sugar. Since August 4, sugar prices have only paid better than ethanol prices for […]

Read More