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European ethanol market seen tightening with continued volatility as biofuel policies kick in in 2020

December 24, 2019 |

In the Netherlands, Platts reports that the European spot ethanol market has experienced volatility over the past several months due to reliance on imports, a trend that is not expected to change going into 2020 has a tight market mixed with historically high prices runs up against higher mandates in much of Europe as countries rush to comply with the European Renewable Directive I’s 10% blending mandate for 2020 and RED II’s targets through 2030. The Fuel Quality Directive’s 6% reduction of carbon intensity of fuels compared to 2010 level by 2020 will also b a driver.

Category: Fuels

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