Philippines: Biofuels Annual
Link to report:
To combat the spread of the COVID-19 pandemic, the Philippine government placed much of the country in various forms of quarantine, which in turn sharply eroded the demand for both the ethanol-gasoline and on-road biodiesel-diesel fuel pools in 2020. Year-over-year, the former is projected to drop 16 percent, while the later falls 21 percent. A positive development for both biofuel markets, the blend rates for ethanol are expected to hold largely unchanged year-overyear. Post expects 2020 fuel ethanol imports, essentially all from the United States, to decline 12 percent to 225 million liters, which is in line with lower domestic consumption. Actual blending achieved continues to fall short of the original mandate schedules.
