Commodities Buzz: US Ethanol Exports Down 24 percent During April 2018

As per the latest data by US Census Bureau, the US exported 614.7 million liters (162.27 million gallons) of ethanol in April, 86% more than in April 2017, but down 24.51% month on month.

Brazil was the largest buyer of fuel-grade ethanol in April, importing 230.78 million liters (60.9 million gallons) after taking 363.15 million liters in March.

Canada appeared in the second spot for the second straight month. Canada imported 104.87 million liters (27.69 million gallons) of fuel-grade ethanol from the US in April, up from 93 million liters in March.

Canada is a consistent source of demand for US ethanol, frequently topping the list of buyers of US ethanol.