US ethanol exports in September jumped 28% on August, reaching 99.6 million gallons or the highest monthly volume in almost five years, the Renewable Fuels Association (RFA) said recently in an analysis of government data.
The rise was due to increased shipments to Canada, at 27.9 million gallons, and the return of China as a significant buyer with imports of 17.8 million gallons. Overall six countries accounted for 92% of US ethanol exports in September. Alongside China and Canada, the list also includes Brazil, which bought 18.1 million gallons, the Philippines, the United Arab Emirates (UAE) and South Korea.
Since the start of 2016 the US has exported 693.9 million gallons of ethanol.
While US distillers dried grains with solubles (DDGS) in the global market have been making measurable strides since the beginning of the year, September exports declined 15% from the prior month to 990,971 tonnes, RFA said. China remained the top market but its share of total US exports fell to just 17%. Other large markets in September include South Korea, Vietnam, Mexico, Thailand, Egypt, Turkey and Canada.
Year-to-date DDGS exports stood at 8.6 million tonnes.
Provided by SeeNews exclusively for Essentica.
US ethanol exports reach five-year high in September