Colombia: Colombia Decreases Ethanol Blend Mandate from E10 to E4

On March 31, 2021, the Government of Colombia (GOC) issued a joint resolution to decrease the ethanol blend mandate from 10 percent (E10) to 4 percent (E4) starting on April 1, 2021. The measure establishes that the mandatory blend rate will gradually return to E10 in September 2021. The measure attributes the blend mandate change to inclement weather that impacted domestic production as early as January 2021. It also attributes this change to increasing U.S. ethanol prices that discouraged imports.