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May 28, 2020 | Independent Commodity Intelligence Services (I.C.I.S.)

U.S. Fuel Ethanol Prices Rise

Concerns around U.S.-China trade tensions mount

U.S. spot fuel ethanol prices rose this week as demand continues to show signs of a recovery, although not as quickly as market participants had thought, reports I.C.I.S.

As U.S. tensions with China mount over the weakening commitment to the Phase One trade agreement and concerns over Hong Kong, market participants fear that China will shift to buying Brazilian ethanol over U.S. made.

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