Argentina lifts prices for corn-based ethanol and biodiesel but cuts cane-based ethanol

In Argentina, Platts reports that the Ministry of Energy has raised prices for corn-based ethanol by more than 8% to 55 cents per liter while cutting the price for sugarcane-based ethanol by more than 3% to 59 cents per liter for November. Biodiesel prices were raised by around 2% to $782.30/mt. The prices set by the ministry must be paid by fuel companies who buy locally-produced biofuels to blend 10% biodiesel and 12% ethanol. Price shifts are meant to reflect changes in the production cost of the fuel.