Global ethanol markets are not expected to recover fully at least until 2022 from the demand shock caused by the coronavirus pandemic, which led to a 20% cut in annual global production expectations after more than 250 ethanol plants were seen shutting down globally, Brian Healy, director of global ethanol market development with the US Grains Council, told the Asia Pacific Petroleum Conference Sept. 15. In 2019, global ethanol production was estimated to be around 113 billion liters, compared with about 108 billion liters in 2018, according to S&P Global Platts Analytics data. Lockdown measures such as stay-at-home orders to contain the pandemic in markets like the US, Brazil and the […]