In Brazil, Reuters reports that the country has decided to allow tariff-free imports of US-origin ethanol under the same quota conditions as the past handful of years, but the trade regime has only been extended for a single year rather than two years like the last renewal. The current regime expired on Saturday. On the […]
In Washington, in a letter sent Thursday, the Renewable Fuels Association encouraged Australia’s energy minister to strongly consider U.S. ethanol imports as a cleaner, more affordable alternative to purchasing oil from the U.S. Strategic Petroleum Reserve. According to RFA, opening the Australian market to ethanol imports would be good for the continent’s economy and air […]
In China, Reuters and the China Daily both report that the Secretary General of the National Development and Reform Commission has called US President Trump’s accusations that the country isn’t buying US farm products as baseless, pointing to more than 4 million metric tons of soybeans contracted or delivered since the G20 Summit in Osaka, […]
In Brazil, Bloomberg reports that there is an internal fight between the agriculture ministry who wants to see import tariffs on US-origin ethanol remain in place while those from the economy ministry are open to removing them in favor of a wider trade agreement that would help the country overall. The current tariff regime against […]
In Belgium, Platts reports that although the European Union lifted the EUR62.30/ton tariff on US ethanol, bringing to an end several years of anti-dumping tariffs, a significant increase of US-origin ethanol imports isn’t expected due to the Renewable Energy Directive’s requirement that biofuels be certified sustainable with no less than 50% greenhouse gas emissions reductions. […]
In Belgium, ePure says the EU’s decision to repeal anti-dumping duties on fuel ethanol imports originating in the United States risks having serious consequences for the entire value chain of the European renewable ethanol industry – which accounts for 55,000 direct and indirect jobs in the EU. It would also affect EU climate ambitions by […]
In Brazil, Bloomberg reports that the global ethanol market has split, with ethanol in the US acting almost completely unrelated from Brazil where the ethanol market is booming, as the sugarcane crush kicks off and drivers look to fill their tanks with record volumes of hydrous ethanol. In the US, on the other hand, stocks […]
In China, ICIS reports that ship-to-ship transfers of US-origin ethanol is one way the fuel is making its way to lucrative Chinese markets despite 70% tariffs on ethanol imports. In 2016, about 17% of total US ethanol exports found their way to China. Malaysia and the Philippines have become common “new” origins for US-origin ethanol […]
In Washington, U.S. ethanol exports through November 2018 reached 1.56 billion gallons, up 31% from the same period a year earlier and already a calendar-year record. Exports remained robust in November although volumes for the month decreased 16% to 147.9 million gallons (mg), according to government data released this morning and analyzed by the Renewable Fuels […]
In China, Reuters reports that by taking advantage of trade rules that allow ethanol to enter the country duty-free if blended with 40% Asian-origin fuel, US-origin ethanol was able to enter the Chinese market after a two-month journey, a stop in Malaysia, and ship-to-ship transfer. So far since the China-US trade war kicked off last […]
