# Commodities 2024: European ethanol market to maintain growth in 2024, despite challenges to regional producers

> S&P Global forecasts European fuel ethanol demand growth in 2024, supported by E10 rollouts, higher blending mandates and RED III targets. It also expects bearish European import prices as US and Brazilian inventories are healthy and new capacity comes online.

- Date: 2023-12-27 · published 2023-12-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32676-commodities-2024-european-ethanol-market-to-maintain-growth-in-2024-despite
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected cheaper ethanol imports and steady EU demand point to softer ethanol-linked corn and feedstock values, with limited direct effect on feed grain prices.

## Read by commodity

- CORN: neutral

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/chemicals/122723-european-ethanol-market-to-maintain-growth-in-2024-despite-challenges-to-regional-producers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.