T2 ethanol prices slump to 11-month low ahead of flood of beet-based supplies

October 19, 2017 |

In the Netherlands, T2 ethanol prices have slumped to an 11-month low of $542/cu m on the back of increased supplies from sugarbeet-based ethanol following the de-regulation of the European Union’s sugarbeet market. Spanish and South American cargos have also recently arrived in Rotterdam, helping to further bring down the price. Most beet-based ethanol is expected to arrive on the market in November. Demand is typically weak during Q4 which may see prices fall further.

Print Friendly, PDF & Email

Tags: , ,

Category: Fuels

Thank you for visting the Digest.