Tag: molasses

Philippines domestic ethanol prices rise on stronger molasses prices

Philippines domestic ethanol prices rise on stronger molasses prices

March 12, 2020 |

In the Philippines, Platts reports that domestic ethanol prices have risen by $10 per metric ton to $1,210/cu m on the back of rising molasses prices that rose nearly 6% from January to February. Sugarcane prices also rose during the period but only 1.6%. Imports of US ethanol continue to face delays of around 10 […]

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Lack of state cabinet holding up permission for 15 mills to start ethanol production from heavy-B molasses

Lack of state cabinet holding up permission for 15 mills to start ethanol production from heavy-B molasses

December 9, 2019 |

In India, the Indian Express newspaper reports that 15 sugar mills in Maharashtra who had planned to divert sugar production towards ethanol through the use of heavy-B molasses are still waiting for permission to start producing ethanol. It is taking longer than expected for the state to finalize its cabinet who needs to sign off […]

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Indian government won’t require further environmental permissions when switching to heavy-b molasses for ethanol

Indian government won’t require further environmental permissions when switching to heavy-b molasses for ethanol

November 5, 2019 |

In India, the Hindu newspaper reports that the government announced distilleries producing ethanol from b-heavy molasses won’t need to seek additional environmental permissions in order to expand capacity. The environment minister said the reason was because changing feedstocks to b-heavy molasses from the traditional c-heavy molasses won’t increase the pollution produced and therefore doesn’t need […]

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Philippines lawmakers looking to help ethanol industry import molasses for feedstock

Philippines lawmakers looking to help ethanol industry import molasses for feedstock

May 1, 2019 |

In the Philippines, legislators from both chambers are coming together in an effort to find a way to increase imports of molasses feedstock for ethanol producers in light of tight domestic supplies that risks making ethanol prices even more inviable than the typical 2:1 price differential with landed imported ethanol. The Sugar Regulatory Agency insists […]

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Philippine ethanol producers seek molasses imports to battle rising feedstock costs

Philippine ethanol producers seek molasses imports to battle rising feedstock costs

April 17, 2019 |

In the Philippines, the Sun Star newspaper reports that ethanol producers are seeking permission to import molasses for feedstock due to the high prices of domestic molasses supplies. El Niño is expected to boost sugarcane yields for the next crop but this season was poor, leaving less molasses availability that has pushed up prices beyond […]

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H1 March domestic Philippines ethanol prices follows molasses prices higher

H1 March domestic Philippines ethanol prices follows molasses prices higher

March 28, 2019 |

In the Philippines, Platts reports that ethanol prices have risen again during the first half of March to $1,197/ cu m, nearly 2% higher despite molasses prices rising more than 6% during the second half of February. Landed CIF Philippines prices were $466/63/cu m during H1 March. Molasses prices are seen easing coming July when […]

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Record molasses prices boosts Philippine ethanol price to $1,165/cu m

Record molasses prices boosts Philippine ethanol price to $1,165/cu m

February 19, 2019 |

In the Philippines, Platts reports Sugar Regulatory Agency data shows record molasses prices pushed domestic ethanol prices to $1,165/cu m during the first half of February. Molasses prices rose to $194.85/mt during the first half of the month bringing ethanol prices to an equivalent of $0.83/liter. Sugar prices also rose during the period to $588.2/mt, […]

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Pakistan tightens molasses trade for ethanol production to better control sugar industry

Pakistan tightens molasses trade for ethanol production to better control sugar industry

December 18, 2018 |

In Pakistan, local press reports that the cabinet’s Economic Coordination Committee has tightened the trade of molasses for ethanol production, requiring it to be bought by ethanol producers directly from sugar mills or for mills to use it themselves to produce ethanol. Though the trade of ethanol, 95% of which is exported, is well documented, […]

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Bioethanol producers seek molasses imports approval to meet demand

Bioethanol producers seek molasses imports approval to meet demand

September 27, 2018 |

In the Philippines, bioethanol distillers and producers asked the government, Sugar Regulatory Administration which is part of the Department of Agriculture, to allow molasses imports, in order to meet the yearly demand of 500 million liters of bioethanol and help grow the P30-billion bioethanol industry. Currently, they only can reach about 60% of demand because […]

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Indian minister says no need for higher ethanol prices thanks to cheaper molasses

Indian minister says no need for higher ethanol prices thanks to cheaper molasses

June 18, 2018 |

In India, the Times of India newspaper reports that the food minister is opposed to sugar mills’ request to boost the sales price for ethanol above the current 60 cents per liter because the bumper sugarcane crop this season has significantly lowered the price of molasses for feedstock. When ethanol prices were established last year, […]

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