Search Results for 'Rice'

European T2 ethanol prices highest since pre-pandemic

European T2 ethanol prices highest since pre-pandemic

July 9, 2020 |

In the Netherlands, Platts reports European T2 ethanol prices rose to Eur639.75/cu m FOB Rotterdam, the highest since before the COVID-19 pandemic, as a result of tightening supplies. Production has dropped as a result of the pandemic but also a lot of fuel ethanol has been diverted for hand sanitizers and disinfectants to battle the […]

Read More

Ethanol spot prices rising as demand jumps in states with high COVID infection rates

Ethanol spot prices rising as demand jumps in states with high COVID infection rates

July 9, 2020 |

In Texas, ICIS reports that after suffering a slight dip and then flattening out, spot ethanol prices are rising again in line with increased gasoline demand as COVID-19 travel restrictions ease up. Prices still haven’t recovered to pre-COVID levels but supplies remain tight, so the support is there for prices to continue higher. Even though […]

Read More

Tight Chicago Argo ethanol stocks pushes price to seven-month high

Tight Chicago Argo ethanol stocks pushes price to seven-month high

July 7, 2020 |

In Texas, Platts reports Chicago Argo ethanol prices high a seven-month high this week at $1.53/gal thanks to shrinking stock levels of perhaps just 20% at the Kinder Morgan terminal. The US Army Corps of Engineers is working on a river maintenance project that will limit barge traffic for the terminal, so buyers took additional […]

Read More

Chhattisgarh seeks green light to use 400,000 tons of rice for ethanol

Chhattisgarh seeks green light to use 400,000 tons of rice for ethanol

July 6, 2020 |

In India, the Pioneer newspaper reports the Chhattisgarh has requested again permission to use surplus rice as feedstock for ethanol production after its first request had been denied. The central government has been looking into the possibility of using surplus rice for ethanol production but has come across political resistance from the opposition who feared […]

Read More

Petrobras raises gasoline prices for seventh consecutive time

Petrobras raises gasoline prices for seventh consecutive time

July 1, 2020 |

In Brazil, Correio Braziliense reports Petrobras will increase gasoline prices at the refinery for the seventh consecutive time. The increase will be 3% while diesel will also be increased by 6%. The new prices will take effect on July 2. Before the new readjustment, gasoline prices were still 20% lower on the year, according to […]

Read More

CBIO prices collapse in early trades

CBIO prices collapse in early trades

June 30, 2020 |

In Brazil, EPBR reports that despite Datagro trying to set the market for CBIOs at nearly $10 each in the first trade for the carbon credits, two operations concluded last week at the equivalent of $2.77. Four thousand credits were sold, according to data from B3. B3 does not identify CBIO issuers and buyers. The […]

Read More

Biodiesel demand and prices pick back up in May

Biodiesel demand and prices pick back up in May

June 28, 2020 |

In Germany, UFOP reports that demand for biodiesel picked up and prices climbed, drought and harvest concerns paralyzed the rapeseed business, and vegetable oils consistently firmed in May, driven by rising fuel consumption. German rapeseed imports dropped significantly in March, U.S. soybean prices lacked clear orientation; abundant supply from, South America and favorable US crop […]

Read More

New York Harbor ethanol prices hit 2020 high as demand ramps back up

New York Harbor ethanol prices hit 2020 high as demand ramps back up

June 25, 2020 |

In New York state, Platts reports that as the Northeast regions begins to ease up its COVID-19 pandemic lockdowns, demand for ethanol has risen in turn helping to support New York Harbor barge ethanol prices to the highest levels seen so far in 2020 at $1.4650/gal. Ethanol production was scaled back by as much as […]

Read More

Ethanol spot prices slip for first time in two months on fears of second COVID-19 wave

Ethanol spot prices slip for first time in two months on fears of second COVID-19 wave

June 25, 2020 |

In Texas, ICIS reports that concerns about a second wave of the COVID-19 pandemic have forced spot ethanol prices lower after nearly two months of steady increases. Spot ethanol prices hit the floor in mid-April at the height of the pandemic and the associated shelter in place orders that kept people off the roads but […]

Read More

India still looking at rice for ethanol production despite doubts

India still looking at rice for ethanol production despite doubts

June 11, 2020 |

In India, in yet another about turn, the Financial Express newspaper reports that the transportation minister says the Prime Minister and other key officials are still considering the use of surplus rice as ethanol feedstock. India has become self-sufficient in rice so rather than storing surplus rice indefinitely, the government believes it is safe to […]

Read More