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.
