In Washington, August U.S. ethanol exports rebounded 4% to 141.2 million gallons (mg), with the bulk of shipments headed to a dozen countries. Canada remained the top destination for the 41st consecutive month, accounting for 40% of total exports, despite reducing its imports of U.S. ethanol by 8% to 57.0 mg, nearly all of which was denatured fuel. Exports to the European Union surged by 53% to 12.7 mg. Shipments to the United Kingdom dropped by a third to 16.9 mg, and India imported 6% less, totaling 10.7 mg. Exports to Colombia also decreased by 30%, reaching 9.9 mg. Other larger markets included Mexico (8.7 mg, +249%), South Korea (7.9 mg, -18%), Peru (6.7 mg, +382%), Oman (5.6 mg, up from zero), Jamaica (2.7 mg, +1211%), the Philippines (1.1 mg, up from zero), and Singapore (1.0 mg, a tick higher). Notably, Brazil was absent again from the market. U.S. ethanol exports for the first 8 months of the year have reached a record high of 1.24 billion gallons, up 38% from last year at this time.
The U.S. imported 1.9 mg of undenatured fuel ethanol from Brazil and Canada. This was the first time since March that any meaningful imports entered our borders.
Tags: ethanol, Washington
Category: Fuels
