Ethanol Market and Pricing Data - January 30, 2018

1. Ethanol, Fuels and Co-Product Pricing

Gallons
Liters

Market Outlook: U.S. ethanol and energy market are mixed to start this week with higher ethanol values and lower crude oil and gasoline prices. March CBOT ethanol futures are up 5.1 percent from last week while Midwest wholesale rack ethanol prices are up 2.9 percent at 38.46 cents/liter (145.60 cents/gallon). 

FOB Houston ethanol prices are up 1.126 cents/liter (4.26 cents/gallon) from last week, a 3 percent increase. Prices are likely to continue increasing this week as the recent production drop-off tightens the market. FOB Santos ethanol prices increased 2.1 percent last week (up 1.297 cents/liter to 61.741 cents/gallon or 4.91 cents/gallon to 233.715 cents/gallon). 

The FOB Houston-Santos spread again moved in favor of U.S.-origin product this week, falling 0.171 cents/liter (0.65 cents/gallon) to its last quote of -23.489 cents/liter (-88.915 cents/gallon). Friday’s close again marked the lowest weekly close in the past six months and the spread is only seven cents away from its all-time lows. 

MTBE prices are 6.4 percent higher in early week trading at 59.17 cents/liter (223.99 cents/gallon). FOB U.S. Gulf MTBE is now 20.92 cents/liter (79.19 cents/gallon) higher than FOB Houston ethanol. 

BTX component prices are steady/higher in early week trading, with benzene prices up 0.1 percent, toluene up 2.1 percent, and xylene up 4 percent. The weighted average aromatic price is currently estimated at 70.28 cents/liter ($2.6605/gallon), up 2.9 percent from last week. The weighted average BTX price is 32.03 cents/liter (121.25 cents/gallon) higher than FOB Houston ethanol prices. 

Gasoline and petroleum products are lower to start the current week. RBOB futures are down 2.5 percent (1.21 cents/liter or 4.57 cents/gallon) while 84 octane RBOB and 87 octane CBOB are each 1 percent lower. WTI crude oil futures are down $1.76/barrel from last week while Brent futures have lost $2.14/barrel. 

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

2. Tariff Rates

HS Codes
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.

Brazil Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Brazil.

Read here.

Canada Biofuels Annual 2016 (GAIN)

This report provides an overview on biofuel use in Canada.

Read here.

China Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in China.

Read here.

Colombia Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Colombia.

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.

India Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in India.

Read here.

Indonesia Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Indonesia.

Read here.

Korea Bioethanol Workshop 2017

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

Read here.

Malaysia Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Malaysia.

Read here.

Peru Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Peru.

Read here.

Philippines Biofuels Annual 2017 (GAIN)

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

Read here.

Romania Biofuels Market Overview 2017 (GAIN)

This report provides an overview on biofuel use in Romania.

Read here.

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

This report provides an overview on biofuel use in Spain.

Read here.

Thailand Biofuels Annual 2017 (GAIN)

This report provides an overview on biofuel use in Thailand.

Read here.