In the Philippines, Platts reports that while ethanol prices in many other origins around the world are collapsing, ethanol prices in the Philippines rose more than 8% on the year during the first half of March to $1,280/cu m which was nearly 4% higher than during the last half of February. Domestic ethanol is typically […]
In the Philippines, Platts reports that despite logistics challenges delaying ethanol deliveries to the country from the US, falling ethanol prices at origin are pushing down prices at destination to $407/cu m CIF Philippines, down $7/cu m in a single day to record lows. But even with record low prices, the Philippines is on lockdown […]
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 […]
In the Philippines, Earther is trying to paint coconut oil-based biodiesel with the same anti-environmental credentials Asian palm oil has gain in recent years, foreshadowing potentially devastating impacts if the country is successful in increasing demand for coco-diesel to help boost prices for farmers. Which the government looks to expanding blending of the fuel and […]
In the Philippines, leading chemists from the Department of Science and Technology – Philippine Nuclear Research Institute (DOST-PNRI) are recently using native products such as abaca to make fabrics that can deal with pollution by filtering toxic materials and other contaminants. The composite nonwoven fabric was developed from natural fibers such as abaca and are […]
In the Philippines, the Department of Energy is seeking to crack down on anti-competitive behavior when it comes to fuel pricing nationwide, an issue it is looking at even more closely since the drone attacks on a Saudi oil facility in September. The proposed oil deregulation law would unbundle fuel prices so they are easier […]
In the Philippines, Platts reports that even though the sugar industry isn’t currently crushing cane, molasses prices have fallen and therefore ethanol prices have fallen in line to $1,140/cu m during the first half of September, 1.57% lower than from H2 June. The price is nearly 6% higher on the year, however. Mills should begin […]
In the Philippines, Business World reports that the shortage of molasses that has led to prices so high that ethanol production will soon become inviable due to oil companies refusing to pay top dollar for domestic ethanol despite the quota system requiring its purchase will now come under investigation by a Congressional committee following the […]
In the Philippines, Reuters reports that the government has cut its quarterly ethanol quota by just over 2.5% for Q4 compared to Q3 at 88,800 cu m, which breaks down to 27,100 cu m for October, 31,000 cu m for November and 30,700 cu m for December in response to expected availability of domestic ethanol […]
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 […]
