Market Brief

U.S. Corn to be Used as Ethanol Feedstock in Vietnam, an Industrial Info Market Brief

Vietnam's Tung Lam Company, an ethanol producer using cassava as a primary feedstock, is preparing to test U.S. corn as a feedstock as part of the U.S. Grain Council's support to Vietnam increase ethanol usage under the E5 blend mandate. Prices of cassava have increased since 2018 due to a demand surge from Southeast Asia, leaving limited supply available. Because of this, Tung Lam Company has considered the corn-based ethanol production trial.

Released Monday, July 15, 2019