Three Ships Carrying Ethanol Heading to China

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  • Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday.
  • In a sign that exports of the fuel were sharply increasing from the United States to the country.

The shipments may surpass the total amount of U.S. ethanol that China imported last year, a positive development for the U.S. ethanol industry, which has seen decreased demand because of the coronavirus pandemic and the U.S.-China trade war, reports Reuters.

Capacity of Ships

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