# Tereos sees European ethanol earnings fall as margins tumble

> French sugar and ethanol producer Tereos reported a 15% decline in European earnings in the quarter as ethanol margins tumbled. The report is paywalled and limited in detail.

- Date: 2023-02-24 · published 2023-02-24T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/37323-tereos-sees-european-ethanol-earnings-fall-as-margins-tumble
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker European ethanol margins point to reduced biofuel processing economics, which can ease demand for feedstocks such as wheat and sugar beet in Europe.

## Read by commodity

- WHEAT: neutral

## Sources

- qcintel.com: https://www.qcintel.com/biofuels/article/tereos-sees-european-ethanol-earnings-fall-as-margins-tumble-12027.html

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