Ethanol Market and Pricing Data - August 8, 2017

1. Ethanol, Fuels and Co-Product Pricing

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Market Outlook: Ethanol prices worked their way higher for a second consecutive week. Nearby CBOT futures prices are up 5.5 cents/gallon (1.45 cents/liter) versus last week at $1.594/gallon ($0.4211/liter). Wholesale rack prices are higher as well, up 2.4 cents/gallon (0.64 cents/liter), where Kansas and Nebraska prices led the way. FOB Houston prices advanced 5.4 cents/gallon (1.43 cents/liter) and were last quoted at $1.668/gallon ($0.4389/liter). FOB prices are now at their highest levels since the first week in April 2017. 

Traders are reporting nearby forward strength in the market, with significant interest for any-August shipments. Part of the market’s strength is derived from corn futures’ two-day winning streak, as sellers increase asking prices to offset corn’s higher cost. 

Ethanol prices FOB Santos, Brazil increased modestly this week, gaining 2.6 cents/gallon (0.69 cents/liter), though they did not keep pace with U.S. Gulf prices. Consequently, the Houston-Santos FOB ethanol price spread narrowed this week, favoring the U.S. Gulf by 41.2 cents/gallon (10.87 cents/liter). 

Petroleum markets remain weak with Brent crude oil down from recent highs of $50/gallon ($12.98/liter) and RBOB futures falling 4.7 cents/gallon (1.23 cents/liter) this week. 

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Price Database: If you are interested in historical price data, please click here.

2. Tariff Rates

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Global Tariff Rates

Tariff Rate Database: If you are interested in tariff rate data for all U.S. export markets, please click here.

3. Additional Market Resources

If you are interested in any of the reports described here, please click here.

USDA GAIN Reports

Title

Description

Link

Argentina Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Argentina.

Read here.

EU-28 Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in the EU-28.

Read here.

EU-28: Biofuel Mandates in the EU by Member State (GAIN)

This report provides an overview on the biofuel use mandates in the various EU member states. It supplements the EU-28 Biofuels Annual Report.

Read here.

Canada Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in Canada.

Read here.

Brazil Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in Brazil.

Read here.

China Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in China.

Read here.

India Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in India.

Read here.

Philippines Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in the Philippines.

Read here.

Peru Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in Peru.

Read here.

Indonesia Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Indonesia.

Read here.

Romania Biofuels Market Overview 2017 (GAIN)

This report provides an overview on biofuel use in Romania.

Read here.

Thailand Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Thailand.

Read here.

Spain's Biodiesel and Renewable Diesel Overview 2017 (GAIN)

This report provides an overview on biofuel use in Spain.

Read here.

Korea Bioethanol Workshop 2017

The report includes an overview of the 2017 Bioethanol Workshop and Roundtable in Seoul, Korea.

Read here.