Three Ships Carrying U.S. Ethanol Headed to China -Sources

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    Greensea Systems
    Keymaster
    Reuters

    By Stephanie Kelly

    NEW YORK, March 8 (Reuters) – Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United States to the country are increasing drastically.

    The shipments may surpass the total amount of U.S. ethanol that China imported last year, a positive development for the U.S. ethanol industry, which has seen decreased demand because of the coronavirus pandemic and the U.S.

    Read more by visiting gCaptain.

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