In the UK, Platts reports that implementation of the proposed E10 policy could be pushed back beyond April 2019 after the country’s expected exit from the European Union while the Netherlands are looking at Q3 or Q4 for implementation. France and Belgium have had relative success with market uptake for the fuels which Germany has […]
In the Philippines, Platts reports that US-origin ethanol fell to an all-time record low last Thursday of $425/cu m as demand for ethanol in the US is expected to slow down following the end of summer driving season and the upcoming corn harvest that pulls feedstock prices down. Most traders booked their Q4 shipments already […]
In the Netherlands, Platts reports that even though summer demand for FAME 0 has been steady, prices have fallen to a three-month low of $874.25 per metric ton as imports continue to flow in to the Amsterdam-Rotterdam-Antwerp region but low levels on the Rhine keep those supplies from moving eastward. The situation isn’t likely to […]
In Washington, Platts reports that Energy Information Administration Agency data shows ethanol production fell slightly last week to an average of 1.072 million b/d while stocks rose by of 94,000 barrels to their highest level since mid-March at 1.189 billion barrels. Even inventories in the East Coast region rose 48,000 barrels on the week as […]
In California, Platts reports that the first import of ethanol in the US is set to arrive on August 20 into the Port of San Francisco, carrying 40 million liters of ethanol from the Port of Santos, Brazil at $540/cu m FOB Santos but it’s far from the last. Another 250 million liters of ethanol […]
In the Philippines, Platts reports that on the back of higher prices for molasses in a tight sugarcane market, domestic prices for ethanol rose to a 19-month high in June at ($1,162/cu m) compared to imported ethanol at $465.09/cu m for CIF Philippines. Molasses is currently at a 10-month high. Prices are seen moving higher […]
In Vietnam, Platts reports that similar to the reaction of Australian drivers with the introduction of E10, drivers in Vietnam are preferring to fill up with 95 octane gasoline rather than 92 octane that has 5% ethanol despite the lower price. The preference for E0 fuels has prompted additional imports of gasoline rather than reducing […]
In China, Platts reports that the government announced on September 1 undenatured ethanol from the US will be subject to an additional 25% import duty on top of the existing 40% duty in retaliation to additional duties of between 15% and 25% imposed by the US on around $200 billion worth of Chinese products. In […]
In Brazil, Platts reports that data from the Secretariat of Foreign Trade shows June ethanol imports soared 93% on the year to 142.4 million liters with nearly all of it going to the North-Northeast region and 96.4 million liters into Maranhao State. Nearly all of the imports were sourced from the US. Even though June […]
In the UK, Platts reports that Department of Transport data shows the Renewable Transport Fuel Obligation achieved 5.2% more biofuel consumption in the year to April 14, 2018 at 1.621 billion liters. Consumption was slip 55/45 biodiesel versus ethanol, with 11% more biodiesel used at around 802 million liters while ethanol consumption fell nearly 2% […]
