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Latest From FO Licht analysts
Germany's total coffee imports rose to nearly 22.0 million 60-kilo bags in calendar 2018 from 21.6 mln the year before, meaning that the country imported almost 20% of total world imports.
The U.S. Trade Representative yesterday (June 24) announced the reallocation of 100,071 tonnes, raw value, of the World Trade Organization tariff rate quota (TRQ) for imported raw sugar for the 2018/19 marketing year.
Demand for biofuels in the United States could expand by 50% annually in the wake of new rules allowing year-round sales of gasoline with 15% ethanol (E15), according to the head of a leading Brazilian ethanol company.
Brazilian sugar and ethanol producer Biosev reported a slight decline in the 2018/19 (Apr/Mar) loss to BRL1.199 bln (USD1=BRL3.88) from BRL1.270 bln (Jan/Mar: BRL307 mln vs BRL447 mln).
The US Court of Appeals in Washington on May 17, 2019 denied the Advanced Biofuel Association's request that the US Environmental Protection Agency be ordered to stop issuing hardship exemptions to small refineries under the Renewable Fuel Standard (RFS).
The EU has decided to repeal the anti-dumping duty on US fuel ethanol with immediate effect.