ADM chief sees opportunity for U.S. ethanol in China

China’s plan to move to a 10-percent blend of ethanol into its gasoline supply will be a boon for U.S. ethanol exports, said ADM chief executive Juan Luciano. Agrimoney says that Luciano told investors that China could need imports of 8 million tons a year by 2020 to satisfy the E10 target because of the… » Read More

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