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U.S. Ethanol Heading To China

IARN — According to three ethanol-industry sources and shipping data, a rare U.S. ethanol shipment will arrive in China very soon. This may be the first ethanol shipment to hit China since the two countries struck a trade deal earlier this year. China recently waived some additional tariffs on almost 700 American products, including ethanol, to support more purchases of U.S. farm goods to help meet its obligations in the Phase One trade deal. Since China made the move, the ethanol industry has been watching for signs of renewed trade in the biofuel. Read more