US ethanol shipment into Europe puts market on edge

November 22, 2018 |

In the Netherlands, Platts reports that a cargo of 25,000 cu m of ethanol has been booked to the ARA hub from the US to be loaded during the second half of December which immediately pushed January T2 ethanol prices lower by EUR8/cu m to EUR508/cu m despite it not being clear if the entire shipment is T2 ethanol or T1 as well. European ethanol margins are very tight due to high feedstock prices, so any sign of US ethanol coming into the market sends players into a panic.

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Category: Fuels

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