RFA: January ethanol exports hit monthly record

RFA: January ethanol exports hit monthly record

More U.S. ethanol was exported during January 2021 than any other previous January.

The Renewable Fuels Association says exports of 164.6 million gallons were up 48% from December 2020, with India buying 53.2 million gallons, exports to China at 22.7 million, an increase of 81% and more than they purchased in all of 2020, and Brazil’s monthly total more than doubling at 17.5 million gallons.

Purchases by Canada hit an eight-month low, but that nation stayed in the top five destinations for the month, with the Philippines rounding out the top five, with their largest monthly volume since October 2018.

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