Price Watchâ„¢ provides real-time price assessments and price forecasts for Ethanol across top trading regions:
| Ethanol Regional Coverage | Ethanol Grade and Country Coverage | Ethanol Pricing Data Coverage Explanation |
| Asia-Pacific Ethanol Anhydrous Pricing Analysis | Ethanol Anhydrous CIF Prices at Busan Port, South Korea, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Busan Port, South Korea, from USA |
| Â | Ethanol Anhydrous CIF Prices at Kaohsiung Port, Taiwan, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Kaohsiung Port, Taiwan, from USA |
| Â | Ethanol Anhydrous CIF Prices at Laem Chabang Port, Thailand, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Laem Chabang Port, Thailand, from USA |
| Â | Ethanol Anhydrous CIF Prices at Nhava Sheva Port, West India, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Nhava Sheva Port, West India, from USA |
| Â | Ethanol Anhydrous CIF Prices at Jakarta Port, Indonesia, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Jakarta Port, Indonesia, from USA |
| Â | Ethanol Anhydrous CIF Prices at Manila Port, Philippines, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Manila Port, Philippines, from USA |
| Â | Ethanol Anhydrous CIF Prices at Port of Singapore, Singapore, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Port of Singapore, Singapore, from USA |
| Â | Ethanol Anhydrous CIF Prices at Manila Port, Philippines, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Manila Port, Philippines, from Brazil |
| Â | Ethanol Anhydrous CIF Prices at Nhava Sheva Port, West India, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Nhava Sheva Port, West India, from Brazil |
| Â | Ethanol Anhydrous CIF Prices at Tokyo Port, Japan, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Tokyo Port, Japan, from Brazil |
| Â | Ethanol Anhydrous CIF Prices at Busan Port, South Korea, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Busan Port, South Korea, from Brazil |
| Â | Ethanol Anhydrous CIF Prices at Port of Singapore, Singapore, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Port of Singapore, Singapore, from Brazil |
| Europe Ethanol Pricing Analysis | Ethanol Anhydrous CIF Prices at Antwerp Port, Belgium, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Antwerp Port, Belgium, from USA |
| Â | Ethanol Anhydrous CIF Prices at Rotterdam Port, Netherlands, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Rotterdam Port, Netherlands, from USA |
| Â | Ethanol Anhydrous CIF Prices at Immingham Port, United Kingdom, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Immingham Port, United Kingdom, from USA |
| Â | Ethanol Anhydrous CIF Prices at Hamburg Port, Germany, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Hamburg Port, Germany, from USA |
| Â | Ethanol Anhydrous CIF Prices at Antwerp Port, Belgium, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Antwerp Port, Belgium, from Brazil |
| Â | Ethanol Anhydrous CIF Prices at Rotterdam Port, Netherlands, Importing from Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Rotterdam Port, Netherlands, from Brazil |
| North America Ethanol Pricing Analysis | Ethanol Anhydrous FOB Prices at Houston Port, USA | Weekly Price Update on Ethanol Anhydrous Real-Time Offered Prices at Houston Port, USA, for Global Markets |
| Â | Ethanol Anhydrous CIF Prices at Veracruz Port, Mexico, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Veracruz Port, Mexico, from USA |
| Â | Ethanol Anhydrous CIF Prices at Montreal Port, Canada, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Montreal Port, Canada, from USA |
| South America Ethanol Pricing Analysis | Ethanol Anhydrous FOB Prices at Santos Port, Brazil | Weekly Price Update on Ethanol Anhydrous Real-Time Offered Prices at Santos Port, Brazil, for Global Markets |
| Â | Ethanol Anhydrous CIF Prices at Barranquilla Port, Colombia, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Barranquilla Port, Colombia, from USA |
| Â | Ethanol Anhydrous CIF Prices at Callao Port, Peru, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Callao Port, Peru, from USA |
| Â | Ethanol Anhydrous CIF Prices at San Antonio Port, Chile, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at San Antonio Port, Chile, from USA |
| Middle East & Africa Ethanol Pricing Analysis | Ethanol Anhydrous CIF Prices at Jeddah Port, Saudi Arabia, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Jeddah Port, Saudi Arabia, from USA |
| Ethanol Anhydrous CIF Prices at Alexandria Port, Egypt, Importing from USA | Weekly Price Update on Ethanol Anhydrous Real-Time Import Prices at Alexandria Port, Egypt, from USA |
Ethanol Price Forecasts & Market Foresight Q4 2026
Outlook: Strongly Bearish
Confidence: High
Ethanol prices are expected to soften globally during Q4 2026, pressured by weaker US export offers, comfortable regional availability, and need-based procurement.
North America is likely to witness the sharpest correction, with US-origin declines easing import costs across Europe, Asia, Latin America and the Middle East. Brazil may see a milder 4% dip in cargo costs, while Brazilian FOB offers firm on tighter prompt availability.
Global Ethanol Market Overview by Region (October–December 2026)
| Country | Grade/Incoterm | Outlook |
| USA | Ethanol Anhydrous FOB Houston | Strongly Bearish |
| Brazil | Ethanol Anhydrous FOB Santos | Bullish |
| Saudi Arabia | Ethanol Anhydrous CIF Jeddah (USA) | Strongly Bearish |
| Colombia | Ethanol Anhydrous CIF Barranquilla (USA) | Strongly Bearish |
| South Korea | Ethanol Anhydrous CIF Busan (USA) | Strongly Bearish |
| Taiwan | Ethanol Anhydrous CIF Kaohsiung (USA) | Strongly Bearish |
| Belgium | Ethanol Anhydrous CIF Antwerp (USA) | Strongly Bearish |
| Netherlands | Ethanol Anhydrous CIF Rotterdam (USA) | Strongly Bearish |
| Thailand | Ethanol Anhydrous CIF Laem Chabang (USA) | Strongly Bearish |
| India | Ethanol Anhydrous CIF Nhava Sheva (USA) | Strongly Bearish |
| Egypt | Ethanol Anhydrous CIF Alexandria (USA) | Strongly Bearish |
| Indonesia | Ethanol Anhydrous CIF Jakarta (USA) | Strongly Bearish |
| Peru | Ethanol Anhydrous CIF Callao (USA) | Strongly Bearish |
| United Kingdom | Ethanol Anhydrous CIF Immingham (USA) | Strongly Bearish |
| Mexico | Ethanol Anhydrous CIF Veracruz (USA) | Strongly Bearish |
| Philippines | Ethanol Anhydrous CIF Manila (USA) | Strongly Bearish |
| Singapore | Ethanol Anhydrous CIF Port of Singapore (USA) | Strongly Bearish |
| Germany | Ethanol Anhydrous CIF Hamburg (USA) | Strongly Bearish |
| Chile | Ethanol Anhydrous CIF San Antonio (USA) | Strongly Bearish |
| Canada | Ethanol Anhydrous CIF Montreal (USA) | Strongly Bearish |
| Philippines | Ethanol Anhydrous CIF Manila (BRAZIL) | Bullish |
| India | Ethanol Anhydrous CIF Nhava Sheva (BRAZIL) | Bullish |
| Japan | Ethanol Anhydrous CIF Tokyo (BRAZIL) | Bearish |
| Belgium | Ethanol Anhydrous CIF Antwerp (BRAZIL) | Bullish |
| Netherlands | Ethanol Anhydrous CIF Rotterdam (BRAZIL) | Bullish |
| South Korea | Ethanol Anhydrous CIF Busan (BRAZIL) | Bullish |
| Singapore | Ethanol Anhydrous CIF Port of Singapore (BRAZIL) | Bullish |
*Ethanol Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.
Explore the Complete Price Watch™ Ethanol Forecast
Access comprehensive Acetone market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.
Explore Price Watch™ Ethanol Forecasts
What’s Included
The 3-Month Forecast (Updated Monthly)
It reflects changes in corn, sugarcane, and other agricultural feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global ethanol market.
The 12-Month Forecast (Published Annually)
It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.
Our Proprietary Hybrid Forecasting Model Evaluates:
- Feedstock & production economics
- Plant operating rates & outages
- Inventory and supply-demand balance
- Regional trade flows & freight
- Import-export dynamics
- Macroeconomic & geopolitical developments
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Track Ethanol Supply Disruptions in Real Time
As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Ethanol markets.
Access the Price Watch™ GIO Tracker
Ethanol Price Trend Q3 2026
In Q3 2026, Anhydrous Ethanol prices recorded mixed regional movements, with US-origin export and import-linked markets generally posting quarterly increases, while Brazil-origin export-linked markets experienced notable declines.
The USA, Brazil, and several destination markets showed stronger September movements, indicating a broad month-end recovery across both supply routes. Ethanol pricing has been influenced by corn and sugarcane feedstock costs, plant operating rates, fuel-blending demand, industrial consumption, and international freight economics.
In the USA, corn availability and fuel-ethanol demand shaped production costs, while Brazilian prices remained closely linked to sugarcane processing decisions and the allocation of cane between sugar and ethanol.
Import-dependent markets are additionally affected by export offers, freight costs, and replacement economics. Differences between US-origin and Brazil-origin cargoes highlighted the role of regional supply balances and trade flows.
The Ethanol Price Chart reflected a broad September rebound, although several Brazil-linked routes remained negative over the full quarter. The Ethanol Price Index continued to be shaped by agricultural feedstock costs, biofuel policies, production availability, and international shipping conditions.
USA: Ethanol Export Prices FOB Houston, USA, Grade-Anhydrous
According to Price Watchâ„¢, the Ethanol Price Trend in the USA increased in Q3 2026 by around 3%, supported by fuel-blending demand and changes in domestic production availability. Corn costs, plant operating rates, and export demand influenced anhydrous ethanol pricing.
In September, US policy developments supported longer-term demand prospects after California authorized E15 fuel sales, potentially expanding the market for ethanol-blended gasoline. However, production fluctuations and corn supply conditions continued to affect market balance.
The Ethanol Price in the USA strengthened during September, adding to its positive quarterly movement. In September 2026, Ethanol Prices in the USA increased by around 4%, reflecting firmer market conditions and biofuel demand expectations.
Brazil: Ethanol Export Prices FOB Santos, Brazil, Grade-Anhydrous
The Ethanol Price Trend in Brazil declined in Q3 2026 by around 7%, reflecting earlier supply pressure and weaker export-market valuations. Sugarcane availability, the allocation of cane between sugar and ethanol, mill operating conditions, and domestic fuel demand influenced pricing.
However, September brought a strong recovery as rainfall disrupted cane harvesting and processing in parts of the Centre-South region, restricting mill operations. Higher international sugar prices also encouraged producers to reassess allocation decisions.
Brazilian market reporting indicated that anhydrous ethanol values strengthened during September as weather interruptions and firmer petroleum markets supported prices. The Ethanol Price in Brazil therefore rebounded sharply during September without fully offsetting the earlier quarterly decline.
In September 2026, Ethanol Prices in Brazil increased by around 11%, reflecting tighter near-term availability and improved market sentiment.
Saudi Arabia: Ethanol Import Prices CIF Jeddah (USA), Grade-Anhydrous
The Ethanol Price Trend in Saudi Arabia increased in Q3 2026 by around 3%, supported by firmer US export valuations and import replacement costs.
CIF Jeddah pricing is influenced by US corn-based ethanol production economics, freight expenses, and regional demand for industrial and fuel-related applications. Changes in crude oil markets also affected the relative economics of ethanol and conventional fuels.
During September, higher US-origin offers and shifting international energy costs contributed to an increase in import valuations. Shipping conditions and cargo availability remained important considerations for buyers sourcing material from North America.
The Ethanol Price in Saudi Arabia maintained a positive quarterly direction, with September extending the gain. In September 2026, Ethanol Prices in Saudi Arabia increased by around 4%, reflecting firmer US export values and higher import replacement costs.
Colombia: Ethanol Import Prices CIF Barranquilla (USA), Grade-Anhydrous
Ethanol Price Trend in Colombia increased in Q3 2026 by around 3%, reflecting firmer import-market conditions. CIF Barranquilla values are influenced by US export offers, corn feedstock costs, ocean freight, and demand from fuel blending and industrial users.
The cost competitiveness of imported ethanol relative to locally available supplies remained a factor in procurement decisions. During September, higher US-origin quotations and changing energy-market conditions supported import replacement costs.
However, downstream buyers remained sensitive to freight expenses and the cost of blending inputs, limiting the potential for a stronger increase in demand.
The Ethanol Price in Colombia continued to trend upward across the quarter. In September 2026, Ethanol Prices in Colombia increased by around 4%, reflecting higher US export offers and firmer import economics.
South Korea: Ethanol Import Prices CIF Busan (USA), Grade-Anhydrous
The Ethanol Price Trend in South Korea increased in Q3 2026 by around 5%, supported by stronger import valuations and demand from industrial and fuel-related applications.
CIF Busan pricing is influenced by US corn costs, export availability, shipping expenses, and regional procurement requirements. Changes in feedstock prices and the relative competitiveness of imported ethanol affected buyers’ purchasing decisions.
In September, firmer US-origin offers and changing international energy costs contributed to higher import replacement values. However, the strength of the increase remained dependent on downstream demand and the availability of alternative supplies.
The Ethanol Price in South Korea maintained a positive quarterly direction, with September adding to the cumulative gain. In September 2026, Ethanol Prices in South Korea increased by around 4%, reflecting firmer US export quotations and higher import costs.
Taiwan: Ethanol Import Prices CIF Kaohsiung (USA), Grade-Anhydrous
The Ethanol Price Trend in Taiwan declined in Q3 2026 by around 2%, reflecting earlier weakness in the import market before a September recovery. CIF Kaohsiung valuations are influenced by US export offers, corn feedstock costs, freight rates, and demand from industrial chemical and fuel-related users.
Buyers remained sensitive to the delivered cost of imported cargoes and the competitiveness of alternative supply sources. During September, higher US-origin quotations and changing international energy conditions supported a recovery in import replacement costs.
Nevertheless, cautious purchasing and variations in downstream demand limited the strength of the quarterly performance. The Ethanol Price in Taiwan rebounded during September but remained below its earlier quarterly level.
In September 2026, Ethanol Prices in Taiwan increased by around 4%, reflecting firmer US export valuations and higher import replacement costs.
Belgium: Ethanol Import Prices CIF Antwerp (USA), Grade-Anhydrous
The Ethanol Price Trend in Belgium increased in Q3 2026 by around 5%, supported by higher import replacement costs and firm market conditions. CIF Antwerp pricing is influenced by US export quotations, corn-based production costs, ocean freight, and demand from fuel blending and industrial applications.
European energy-market volatility and changing refinery economics also affected the competitiveness of biofuels relative to conventional fuels. In September, higher US-origin offers contributed to stronger import valuations, while elevated energy and shipping expenses added cost pressure.
European refinery margins and logistics conditions remained sensitive to higher crude and freight costs. The Ethanol Price in Belgium maintained a positive quarterly trend, with September contributing further gains.
In September 2026, Ethanol Prices in Belgium increased by around 4%, reflecting firmer US export offers and higher import replacement costs.
Netherlands: Ethanol Import Prices CIF Rotterdam (USA), Grade-Anhydrous
The Ethanol Price Trend in the Netherlands increased in Q3 2026 by around 6%, reflecting stronger import-market valuations. CIF Rotterdam pricing is influenced by US export offers, corn costs, freight rates, and demand from fuel-blending and industrial users.
European energy costs and refinery operating economics also affected the relative attractiveness of ethanol in fuel applications. During September, firmer US-origin quotations and elevated logistics expenses supported import replacement values.
At the same time, higher energy costs and pressure on European refining margins increased uncertainty across regional fuel markets. The Ethanol Price in the Netherlands continued to rise over the quarter, with September extending the upward movement.
In September 2026, Ethanol Prices in the Netherlands increased by around 4%, reflecting firmer import offers and higher replacement costs.
Thailand: Ethanol Import Prices CIF Laem Chabang (USA), Grade-Anhydrous
The Ethanol Price Trend in Thailand increased marginally in Q3 2026, remaining broadly stable before strengthening in September. CIF Laem Chabang pricing is influenced by US export offers, corn feedstock costs, freight expenses, and regional demand for industrial and fuel-related applications.
Import economics also depended on the competitiveness of US-origin cargoes against regional alternatives. During September, firmer export quotations and changing international energy costs contributed to higher replacement costs for imported material.
However, buyers remained sensitive to shipping expenses and downstream demand conditions, limiting the quarterly increase. The Ethanol Price in Thailand strengthened toward the end of Q3, with September accounting for a larger share of the upward movement.
In September 2026, Ethanol Prices in Thailand increased by around 4%, reflecting higher US-origin offers and firmer import costs.
India: Ethanol Import Prices CIF Nhava Sheva (USA), Grade-Anhydrous
According to Price Watchâ„¢, the Ethanol Price Trend in India increased in Q3 2026 by around 5%, supported by higher import replacement costs and firm international market conditions. CIF Nhava Sheva valuations are influenced by US export offers, corn costs, freight rates, and demand from industrial and fuel-related applications.
Domestic ethanol policy and the availability of locally produced material also influenced the competitiveness of imported cargoes. During September, higher US-origin quotations and changes in global energy costs supported an increase in import valuations.
However, domestic supply conditions and procurement requirements remained important constraints on import demand. The Ethanol Price in India maintained a positive quarterly direction, with September adding to the cumulative gain. In September 2026, Ethanol Prices in India increased by around 4%, reflecting firmer US export offers and higher import replacement costs.
Egypt: Ethanol Import Prices CIF Alexandria (USA), Grade-Anhydrous
The Ethanol Price Trend in Egypt increased in Q3 2026 by around 3%, supported by firmer US export offers and import replacement costs. CIF Alexandria values are influenced by corn-based production economics, ocean freight, energy costs, and demand from industrial and fuel-related users.
Import-dependent procurement remained sensitive to international shipping conditions and the availability of competitively priced cargoes. During September, higher US-origin quotations contributed to firmer import valuations, while changes in global energy markets affected transport and production expenses.
However, downstream demand and buyers’ ability to absorb higher costs continued to shape purchasing activity. The Ethanol Price in Egypt maintained a positive quarterly trend, with September extending the increase. In September 2026, Ethanol Prices in Egypt increased by around 4%, reflecting stronger US export valuations and higher import replacement costs.
Indonesia: Ethanol Import Prices CIF Jakarta (USA), Grade-Anhydrous
The Ethanol Price Trend in Indonesia increased marginally in Q3 2026, indicating broadly stable import-market conditions. CIF Jakarta pricing is influenced by US export quotations, corn feedstock costs, freight rates, and demand from industrial and fuel-related applications.
Regional import economics and competition from alternative suppliers also affected procurement decisions. During September, firmer US-origin offers and higher international energy costs supported an increase in replacement values.
However, cautious buying and changes in downstream demand limited the overall quarterly gain. The Ethanol Price in Indonesia strengthened during September, although the full-quarter increase remained modest. In September 2026, Ethanol Prices in Indonesia increased by around 4%, reflecting firmer export quotations and higher import costs.
Peru: Ethanol Import Prices CIF Callao (USA), Grade-Anhydrous
The Ethanol Price Trend in Peru declined in Q3 2026 by around 5%, reflecting earlier weakness in import valuations. CIF Callao pricing is influenced by US export offers, corn costs, freight expenses, and demand from industrial and fuel-related users.
The competitiveness of imported material against local alternatives also shaped buying decisions. In September, firmer US-origin quotations and changes in international energy costs supported a recovery in import replacement values.
However, the monthly rebound do not fully offset the earlier quarterly decline, indicating that previous market weakness remained significant. Import purchasing continued to depend on cargo economics and downstream consumption.
The Ethanol Price in Peru therefore recovered during September while remaining negative for the quarter. In September 2026, Ethanol Prices in Peru increased by around 4%, reflecting firmer US export offers and higher replacement costs.
United Kingdom: Ethanol Import Prices CIF Immingham (USA), Grade-Anhydrous
The Ethanol Price Trend in the United Kingdom increased in Q3 2026 by around 5%, supported by stronger import valuations and higher replacement costs. CIF Immingham pricing is influenced by US export offers, corn-based production costs, freight rates, and demand from fuel blending and industrial applications.
Changes in European energy markets and refining economics also affected biofuel competitiveness. During September, firmer US-origin offers and elevated logistics costs supported higher import values. Meanwhile, higher crude oil and shipping costs added pressure to European fuel supply chains, although their impact varied across products.
The Ethanol Price in the United Kingdom continued to rise through the quarter, with September extending the positive trend. In September 2026, Ethanol Prices in the United Kingdom increased by around 4%, reflecting firmer US export quotations and higher import replacement costs.
Mexico: Ethanol Import Prices CIF Veracruz (USA), Grade-Anhydrous
The Ethanol Price Trend in Mexico is broadly stable in Q3 2026, with a marginal quarterly decline before recovering in September. CIF Veracruz valuations are influenced by US export offers, corn costs, freight expenses, and demand from fuel-blending and industrial users.
Proximity to US suppliers linked import economics closely to North American production conditions and export availability. During September, firmer US-origin offers and changing energy-market conditions supported higher replacement costs for imported cargoes.
However, the nearly flat quarterly result indicated that earlier softness and buyer sensitivity to import costs offset part of the recovery. The Ethanol Price in Mexico strengthened during September after a largely stable quarter.
In September 2026, Ethanol Prices in Mexico increased by around 4%, reflecting higher US export valuations and firmer import replacement costs.
Philippines: Ethanol Import Prices CIF Manila (USA), Grade-Anhydrous
The Ethanol Price Trend in the Philippines increased in Q3 2026 by around 2%, supported by firmer import-market conditions. CIF Manila valuations are influenced by US export offers, corn feedstock costs, freight rates, and demand from fuel blending and industrial applications.
Import procurement remained sensitive to changes in cargo availability and the competitiveness of overseas supply. During September, higher US-origin quotations and energy-related cost pressure contributed to an increase in replacement values.
However, buyers continued to assess shipping expenses and downstream demand before committing to additional volumes. The Ethanol Price in the Philippines maintained a positive quarterly direction, with September providing further support.
In September 2026, Ethanol Prices in the Philippines increased by around 3%, reflecting firmer US export offers and higher import costs.
Singapore: Ethanol Import Prices CIF Port of Singapore (USA), Grade-Anhydrous
The Ethanol Price Trend in Singapore increased in Q3 2026 by around 2%, reflecting a modest improvement in import-market conditions. CIF Port of Singapore pricing is influenced by US export quotations, corn costs, freight rates, and regional demand from industrial and fuel-related users.
As a regional trading hub, Singapore remained exposed to changes in international shipping economics and the competitiveness of cargoes from different origins. During September, higher US-origin offers and firmer energy-market conditions supported import replacement values.
However, cautious procurement and variations in regional demand limited the extent of the quarterly gain. The Ethanol Price in Singapore strengthened during September, adding to the positive quarterly movement.
In September 2026, Ethanol Prices in Singapore increased by around 4%, reflecting firmer export offers and higher replacement costs.
Germany: Ethanol Import Prices CIF Hamburg (USA), Grade-Anhydrous
The Ethanol Price Trend in Germany increased marginally in Q3 2026, indicating broadly stable import-market conditions before a stronger September recovery. CIF Hamburg valuations are influenced by US export offers, corn costs, freight expenses, and demand from fuel-blending and industrial users.
European energy costs and refining economics also shaped the competitiveness of ethanol in fuel applications. During September, firmer US-origin quotations supported higher import replacement values, while elevated crude and freight costs added uncertainty to European fuel markets.
The monthly increase strengthened the market after a relatively flat quarter, although demand and import economics remained important constraints. The Ethanol Price in Germany therefore ended Q3 with a clearer upward direction.
In September 2026, Ethanol Prices in Germany increased by around 4%, reflecting stronger US export quotations and higher import replacement costs.
Chile: Ethanol Import Prices CIF San Antonio (USA), Grade-Anhydrous
The Ethanol Price Trend in Chile increased marginally in Q3 2026, reflecting relatively stable import-market conditions. CIF San Antonio values are influenced by US export offers, corn feedstock costs, ocean freight, and demand from industrial and fuel-related applications.
Import replacement costs and the availability of competitively priced cargoes remained important for buyers. During September, firmer US-origin offers and changing international energy conditions contributed to higher import valuations.
However, the small quarterly increase suggested that earlier market softness limited the cumulative gain. Downstream demand and shipping economics continued to shape procurement decisions.
The Ethanol Price in Chile strengthened during September, extending the positive quarterly movement. In September 2026, Ethanol Prices in Chile increased by around 4%, reflecting firmer US export quotations and higher import costs.
Canada: Ethanol Import Prices CIF Montreal (USA), Grade-Anhydrous
Ethanol Price Trend in Canada increased in Q3 2026 by around 3%, supported by stronger import valuations and demand linked to fuel-blending applications.
CIF Montreal pricing is influenced by US export offers, corn costs, transportation expenses, and domestic ethanol consumption. Cross-border trade connected Canadian import economics closely to US production availability and export pricing.
During September, higher US-origin quotations and shifting energy-market conditions supported an increase in replacement costs. However, the strength of the market remained dependent on domestic demand, freight economics, and the availability of North American supply.
The Ethanol Price in Canada maintained a positive quarterly trend, with September adding to the gain. In September 2026, Ethanol Prices in Canada increased by around 4%, reflecting firmer US export offers and higher import replacement costs.
Philippines: Ethanol Import Prices CIF Manila (BRAZIL), Grade-Anhydrous
The Ethanol Price Trend in the Philippines declined in Q3 2026 by around 6%, reflecting earlier weakness in Brazilian export-linked import values. CIF Manila pricing is influenced by Brazilian sugarcane availability, mill production decisions, ocean freight, and demand from fuel-blending and industrial users.
As the Brazilian harvest progressed earlier in the quarter, greater cane availability has placed downward pressure on domestic ethanol prices. September brought a sharp recovery as rainfall interrupted harvesting and milling, while stronger petroleum markets improved the relative competitiveness of biofuels.
These developments increased the replacement cost of Brazilian-origin cargoes for Asian buyers. The Ethanol Price in the Philippines rebounded strongly during September but remained negative for the full quarter.
In September 2026, Ethanol Prices in the Philippines increased by around 9%, reflecting tighter Brazilian supply conditions and firmer export replacement costs.
India: Ethanol Import Prices CIF Nhava Sheva (BRAZIL), Grade-Anhydrous
According to Price Watchâ„¢, the Ethanol Price Trend in India declined in Q3 2026 by around 5%, reflecting earlier weakness in Brazilian export-linked import values. CIF Nhava Sheva pricing is influenced by Brazilian sugarcane availability, export offers, ocean freight, and demand from industrial and fuel-related applications.
Domestic ethanol policy and the availability of local supplies also influenced the competitiveness of imports. In September, rainfall disrupted cane harvesting and processing in parts of Brazil, while firmer petroleum markets improved the relative economics of ethanol.
These developments supported higher Brazilian export replacement costs. In India, however, local supply and procurement policy remained important factors for import demand. The Ethanol Price in India therefore rebounded in September after a negative quarter.
In September 2026, Ethanol Prices in India increased by around 9%, reflecting stronger Brazilian export valuations and higher import replacement costs.
Japan: Ethanol Import Prices CIF Tokyo (BRAZIL), Grade-Anhydrous
According to Price Watchâ„¢, the Ethanol Price Trend in Japan declined in Q3 2026 by around 5%, reflecting earlier weakness in Brazilian export-linked import prices. CIF Tokyo valuations are influenced by Brazilian sugarcane feedstock availability, mill operating conditions, freight rates, and Japanese demand for imported anhydrous ethanol.
During the earlier part of the quarter, progressing cane harvesting increased supply availability in Brazil and weighed on domestic ethanol prices. In September, rainfall interruptions reduced harvesting and milling activity, while stronger petroleum markets supported a recovery in Brazilian ethanol values.
Higher origin-side quotations increased the replacement cost of Brazilian cargoes for Japanese buyers, although freight and procurement timing continued to influence landed economics. The Ethanol Price in Japan recovered strongly during September without fully offsetting the quarterly decline.
In September 2026, Ethanol Prices in Japan increased by around 10%, reflecting tighter Brazilian supply and firmer export valuations.
Belgium: Ethanol Import Prices CIF Antwerp (BRAZIL), Grade-Anhydrous
The Ethanol Price Trend in Belgium declined in Q3 2026 by around 6%, as earlier weakness in Brazilian export-linked import values outweighed the September recovery. CIF Antwerp pricing is influenced by Brazilian sugarcane availability, mill production decisions, ocean freight, and European demand from fuel-blending and industrial users.
Earlier seasonal supply growth in Brazil has placed pressure on ethanol prices during the first part of the quarter. In September, rainfall interrupted cane harvesting and processing in parts of Brazil, while higher petroleum values improved ethanol’s relative competitiveness against conventional fuels.
These developments supported a strong recovery in Brazilian-origin export values and raised import replacement costs for European buyers. The Ethanol Price in Belgium rebounded during September but remained lower across Q3 overall.
In September 2026, Ethanol Prices in Belgium increased by around 9%, reflecting firmer Brazilian export quotations and tighter near-term supply.
Netherlands: Ethanol Import Prices CIF Rotterdam (BRAZIL), Grade-Anhydrous
The Ethanol Price Trend in the Netherlands declined in Q3 2026 by around 5%, reflecting earlier softness in Brazilian export-linked import values. CIF Rotterdam pricing is influenced by Brazilian sugarcane availability, mill production decisions, freight costs, and demand from fuel-blending and industrial applications.
Greater cane availability during the earlier harvest period has contributed to downward pressure on ethanol values. September saw a marked recovery as rainfall interrupted harvesting and milling, while firmer petroleum markets supported the relative competitiveness of ethanol.
The resulting increase in Brazilian origin offers raised replacement costs for European importers. European energy and shipping costs also remained relevant to procurement economics.
The Ethanol Price in the Netherlands therefore recovered strongly during September without reversing the quarterly decline. In September 2026, Ethanol Prices in the Netherlands increased by around 9%, reflecting firmer Brazilian export offers and higher import replacement costs.
South Korea: Ethanol Import Prices CIF Busan (BRAZIL), Grade-Anhydrous
The Ethanol Price Trend in South Korea declined in Q3 2026 by around 5%, reflecting earlier weakness in Brazilian export-linked import values. CIF Busan pricing is influenced by Brazilian sugarcane availability, mill operating conditions, freight expenses, and demand from industrial and fuel-related applications.
Seasonal growth in Brazilian cane processing has increased supply availability earlier in the quarter and placed pressure on ethanol prices. In September, rainfall disrupted harvesting and milling, while stronger petroleum markets supported a recovery in Brazilian ethanol values.
These changes raised replacement costs for Brazilian-origin cargoes entering South Korea. Nevertheless, procurement decisions remained sensitive to shipping costs and downstream demand.
The Ethanol Price in South Korea rebounded during September but stayed negative over the full quarter. In September 2026, Ethanol Prices in South Korea increased by around 10%, reflecting tighter Brazilian supply and stronger export valuations.
Singapore: Ethanol Import Prices CIF Port of Singapore (BRAZIL), Grade-Anhydrous
The Ethanol Price Trend in Singapore declined in Q3 2026 by around 6%, reflecting earlier weakness in Brazilian export-linked import values. CIF Port of Singapore pricing is influenced by Brazilian sugarcane supply, mill operating conditions, freight expenses, and regional demand from fuel and industrial users.
Earlier seasonal increases in cane processing has placed pressure on Brazilian ethanol prices. During September, rainfall interruptions reduced harvesting and milling activity, while firmer petroleum markets improved the relative competitiveness of ethanol and supported higher Brazilian market valuations.
These developments raised the replacement cost of Brazilian-origin cargoes for Singapore buyers. As a regional trading hub, Singapore remained sensitive to changes in freight and supply availability.
The Ethanol Price in Singapore recorded a strong September rebound but remained negative over the quarter. In September 2026, Ethanol Prices in Singapore increased by around 10%, reflecting tighter Brazilian supply and firmer export replacement costs.
