China vaults to top buyer of US ethanol in October as imports soar
New York
CHINA'S purchases of US ethanol soared to 32.6 million gallons in October, its biggest-ever monthly volume, pushing imports from the United States so far this year to a hefty 43.5 million gallons, US government data showed on Friday.
That could mean China ends the year as the sixth-largest market for US ethanol after vaulting to the top importer spot in October, past more typical buyers such as Canada, Brazil and the Philippines.
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