Tag: Platts

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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Elite Octane comes online just in time to flood pre-holiday DDGS market

Elite Octane comes online just in time to flood pre-holiday DDGS market

July 4, 2018 |

In Iowa, Platts reports that Elite Octane’s new 120 million gallon per year ethanol plant started crushing corn this week, just in time to load extra supplies of DDGS on the local market ahead of the holiday weekend when stocks are high and demand is low. Some plants are offering DDGS at a $20/ton discount […]

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Monterrey and Guadalajara ask to boost ethanol blends to 10%

Monterrey and Guadalajara ask to boost ethanol blends to 10%

July 3, 2018 |

In Mexico, Platts reports that Monterrey and Guadalajara have asked for 10% ethanol blending mandates in the expectation that it will be able to reformulate its gasoline. Current fuel specs in Mexico are such that higher ethanol blends boost the evaporation rate but US gasoline doesn’t, so it needs to either reformulate or import from […]

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EPA says it’s on track to publish 2019 and 2020 RVOs soon

EPA says it’s on track to publish 2019 and 2020 RVOs soon

June 18, 2018 |

In Washington, Platts reports that the Environmental Protection Agency confirmed it is close to announcing renewable volume obligations for 2019 advanced biofuels and ethanol and 2020 requirements for biodiesel. The interagency review process should be finalized this week and the announcement will be made shortly thereafter. The agency is keeping to the established timetable in […]

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Ethanol production picks back up but stocks continue to fall

Ethanol production picks back up but stocks continue to fall

May 31, 2018 |

In Washington, Platts reports that Energy Information Administration data showed a 13,000 bpd jump on ethanol production over the previous week to 1.041 million bpd. Yet despite the return to higher production volumes, stocks still fell in four out of five regions to 21.263 million barrels, down 866,000 barrels from the week prior. The Rocky […]

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