Ethanol Price OutlookEthanol prices increased over the past month as demand prospects brightened in Brazil. The spot price registered on 1 December was USD 1.48 per gallon, which was 1.4% higher than on the same day last month. However, the price was down 15.4% on a year-to-date basis, and it was 15.9% lower than on the same day last year. On 28 November, RenovaBio—a federal program in Brazil that should boost demand in the biofuel sector—was approved by the lower house of congress. The program is now pending final approval by the upper house. However, this month’s price rise was moderated as the U.S. Energy Information Administration noted that, in the week ending 17 November, a weekly ethanol production record in the United States was reached. It also maintained its high production forecasts for this year and next.
Ethanol Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Ethanol Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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