Tag: Platts

European FAME 0 prices hit three-month low despite summer demand

European FAME 0 prices hit three-month low despite summer demand

August 16, 2018 |

In the Netherlands, Platts reports that even though summer demand for FAME 0 has been steady, prices have fallen to a three-month low of $874.25 per metric ton as imports continue to flow in to the Amsterdam-Rotterdam-Antwerp region but low levels on the Rhine keep those supplies from moving eastward. The situation isn’t likely to […]

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Ethanol production falls slightly while stocks rise to highest since mid-March

Ethanol production falls slightly while stocks rise to highest since mid-March

August 15, 2018 |

In Washington, Platts reports that Energy Information Administration Agency data shows ethanol production fell slightly last week to an average of 1.072 million b/d while stocks rose by of 94,000 barrels to their highest level since mid-March at 1.189 billion barrels. Even inventories in the East Coast region rose 48,000 barrels on the week as […]

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First cargo of 290 million liters of ethanol booked into the US set to land next week

First cargo of 290 million liters of ethanol booked into the US set to land next week

August 13, 2018 |

In California, Platts reports that the first import of ethanol in the US is set to arrive on August 20 into the Port of San Francisco, carrying 40 million liters of ethanol from the Port of Santos, Brazil at $540/cu m FOB Santos but it’s far from the last. Another 250 million liters of ethanol […]

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Philippine ethanol prices seen rising higher through Q4

Philippine ethanol prices seen rising higher through Q4

August 9, 2018 |

In the Philippines, Platts reports that on the back of higher prices for molasses in a tight sugarcane market, domestic prices for ethanol rose to a 19-month high in June at ($1,162/cu m) compared to imported ethanol at $465.09/cu m for CIF Philippines. Molasses is currently at a 10-month high. Prices are seen moving higher […]

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Vietnamese drivers prefer premium fuels to E5

Vietnamese drivers prefer premium fuels to E5

August 7, 2018 |

In Vietnam, Platts reports that similar to the reaction of Australian drivers with the introduction of E10, drivers in Vietnam are preferring to fill up with 95 octane gasoline rather than 92 octane that has 5% ethanol despite the lower price. The preference for E0 fuels has prompted additional imports of gasoline rather than reducing […]

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China to increase duty for undenatured US ethanol to 65%

China to increase duty for undenatured US ethanol to 65%

August 6, 2018 |

In China, Platts reports that the government announced on September 1 undenatured ethanol from the US will be subject to an additional 25% import duty on top of the existing 40% duty in retaliation to additional duties of between 15% and 25% imposed by the US on around $200 billion worth of Chinese products. In […]

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June Brazilian ethanol imports soar 93% on year

June Brazilian ethanol imports soar 93% on year

August 6, 2018 |

In Brazil, Platts reports that data from the Secretariat of Foreign Trade shows June ethanol imports soared 93% on the year to 142.4 million liters with nearly all of it going to the North-Northeast region and 96.4 million liters into Maranhao State. Nearly all of the imports were sourced from the US. Even though June […]

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UK biofuel consumption rose 5.2% during 2017/18

UK biofuel consumption rose 5.2% during 2017/18

August 2, 2018 |

In the UK, Platts reports that Department of Transport data shows the Renewable Transport Fuel Obligation achieved 5.2% more biofuel consumption in the year to April 14, 2018 at 1.621 billion liters. Consumption was slip 55/45 biodiesel versus ethanol, with 11% more biodiesel used at around 802 million liters while ethanol consumption fell nearly 2% […]

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New EPA administrator to continue issuing hardship waivers but with more transparence

New EPA administrator to continue issuing hardship waivers but with more transparence

August 1, 2018 |

In Washington, Platts reports that the new administrator of the Environmental Protection Agency told Congress that between appropriations that “remind” the agency to grant hardship waivers to small refineries as well as the fact that the EPA lost two lawsuits during the Obama administration for not granting enough waivers, his agency will continue to issue […]

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RME-FAME 0 spread jumps 20-fold on year to $80 per ton

RME-FAME 0 spread jumps 20-fold on year to $80 per ton

July 30, 2018 |

In the Netherlands, Platts reports that the spread for rapeseed-based biodiesel against FAME 0 rose to the highest level in five months at $80 per metric ton, 20 times higher than in July 2-17, due to huge stock levels for FAME 0 as imports from Argentina continue to come in and stronger RME prices. Europe’s […]

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