In the Netherlands, Platts reports European T2 ethanol prices are experiencing strong and increasing backwardation in part due to the closed import arbitrage that has existed for much of 2023, with prompt April/May paper trade having doubled to Eur20/cu m from one day to the next last week. Backwardation is seen through May-June trades but […]
In the Netherlands, Platts reports European T2 ethanol prices fell to Eur646/cu m on Tuesday, the lowest seen in three months, after hitting an all-time high just a month before at Eur840/cu m as European markets go into stricter COVID-19 pandemics. The restrictions are expected to shrink gasoline and therefore ethanol demand in the short […]
In the Netherlands, Platts reports T2 ethanol prices reached a record high of EUR809/cu m FOB Rotterdam on the back of tight supplies in the ARA region. Spot availability is almost nil, forcing the price up EUR131 in just a week, a shocking turnaround compared to record lows seen in March as a result of […]
In the Netherlands, Platts reports European T2 ethanol rose to an eight-year high this week at EUR715/cu m FOB Rotterdam, up EUR51 on the week, with the highest-ever premium to gasoline at $559.49/cu m. Even though prices were at a record low in March during the onset of the COVID-19 pandemic, demand recovered faster than […]
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 […]
In the Netherlands, Platts reports that T2 ethanol prices have risen to Eur622.25/cu m FOB Rotterdam as tight supplies in the Amsterdam-Rotterdam-Antwerp region pushed levels to 21-month highs. Key suppliers to the region, Vivergo and Ensus from the UK, have been mothballed and in turn left the region without sufficient volume. US and Latin American […]
In the Netherlands, Platts reports that logistical problems along the Rhine due to dry weather and low river levels have squeezed European ethanol stocks sufficiently to push prices towards seven-month highs at $560/cu m. Stronger feedstock prices—such as milling wheat that recently hit a three-year high—have also contributed to the ethanol price increase but not […]
In the Netherlands, Platts reports that T2 ethanol margins are at the lowest seen in three years at negative $48 per metric ton as European wheat prices soar to $208/mt due to dry weather conditions that have many concerned about yields from the upcoming harvest. Corn ethanol producers aren’t having a great time either although […]
In the Netherlands, ICIS reports that FOB Rotterdam EU T2 ethanol prices have fallen to $522 per cubic meter, the lowest since September 2016, pushing crush margins into negative territory for European producers. With the European Union capping conventional ethanol at 7% through 2020 and likely further through 2030, traders see the European market in […]
In the Netherlands, Platts reports that T2 ethanol margins are at 18-month lows of Eur4.85/cu m and Eur3.50/cu m against EU milling wheat and corn due to oversupplies in the market with ethanol prices quoted at Eur449/cu m FOB Rotterdam on Tuesday. Demand typically eases in Q4 and Q1 but continued imports and more expected […]
