Ecuador pegs ethanol prices for E10 blending mandate to Platts US Gulf Coast

In Ecuador, the country will use the Platts US Gulf Coast ethanol pricing index plus delivery and a K factor of 18 cents per liter as it rolls out an E10 blending policy through 2018. The country is looking for nearly $1 billion to invest in sugarcane ethanol production to supply the mandate. Production to supply a 5% mandate would be 180 million liters, up from 35 million liters produced currently.

This entry was posted in Biodiesel Report. Bookmark the permalink.