The Ethanol futures on the Chicago Mercantile Exchange (CME) softened during the week, reflecting cautious sentiment in the biofuels market.
Data received from the US Grain and BioProducts Council shows week-on-week decline in CME ethanol prices, as given below:
| 13-Feb-26 | 17-Feb-26 |
| February:┬а$1.65/gallon | February:┬а$1.64/gallon |
| March:┬а$1.6775/gallon | March:┬а$1.655/gallon |
| April:┬а$1.705/gallon | April:┬а$1.685/gallon |
| May:┬а$1.725/gallon | May:┬а$1.705/gallon |
| June:┬а$1.735/gallon | June:┬а$1.715/gallon |
| July:┬а$1.735/gallon | July:┬а$1.715/gallon |
Brazilian ethanol continues to maintain a year-on-year premium, with hydrous ethanol trading at $0.628/litre, up almost 12% year on year, while Brazil Anhydrous ethanol is trading at $0.647/litre, up 5.9%┬аyear on year.
The industrial Ethanol prices delivered to India are trading at $651.18/MT, down┬а0.4%┬аweek-on-week and┬а2.5%┬аyear-on-year.
The US-origin ethanol remains the most competitive for India, particularly from the Gulf Coast, while Brazilian supplies suggest a significant premium on a delivered basis.
Other prices are given below:
US Gulf тАУ India:
$684.83/MT, up┬а0.3%┬аweek-on-week, down┬а2.9%┬аyear-on-year
(Approx.┬аINR 48тАУ49/litre)
PNW тАУ India:
$754.35/MT, down┬а0.7%┬аweek-on-week, up┬а0.5%┬аyear-on-year
(Approx.┬аINR 53тАУ54/litre)
Brazil тАУ India:
$849.47/MT, down┬а1.7%┬аweek-on-week, up┬а12.5%┬аyear-on-year
(Approx.┬аINR 60тАУ61/litre)
(All prices are indicative.)
According to the data from the U.S. Energy Information Administration (EIA) for the week ending┬а6 February 2026:
- Ethanol production rose┬а16.1%┬аto┬а1.11 million barrels per day (b/d)
- Equivalent to┬а46.62 million gallons daily┬а(172.22 million litres daily)
- Output was┬а2.6% higher┬аthan the same week last year
- 7% above┬аthe three-year average for the week
There was mild softening in CME futures. The US export is priced well compared with Brazil. With global energy markets looking volatile and Brazil still pricing higher year-on-year, US ethanol still has an edge in terms of export competitiveness, especially into price-sensitive markets such as India.
