ADM sees China requiring 11.4 billion liters of ethanol imports from 2020
In China, Archer Daniels Midland expects China will need to import 11.4 billion liters of ethanol annually from 2020 in order to meet its 10% ethanol-blending mandate because it can only double to its current production to around 7.6 billion liters. Demand for the mandate is estimated at 19 billion liters. The US is a … Continue reading ADM sees China requiring 11.4 billion liters of ethanol imports from 2020
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