15 June 2010 16:39 [Source: ICIS news]
ST. LOUIS, Missouri (ICIS news)--The US ethanol industry should focus on its domestic market but keep an eye out for export opportunities as a way to enhance its trade balance, a US ethanol lobbying group said on Tuesday.
“Exports of US ethanol are on pace to shatter previous records, providing a much needed outlet for current production, said Renewable Fuels Association (RFA) president Bob Dinneen during a speech at the International Fuel Ethanol Workshop & Expo (FEW) in St. Louis.
But Dinneen told delegates that enhancing trade balance should only be relevant after the industry had fully realised all the benefits of ethanol use in the ?xml:namespace>
US ethanol exports in January-April surpassed volumes exported for the entire year 2009, the RFA said last week, renewing calls for the
US ethanol producers were being forced to look for overseas markets because the
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