Exclusive: China suspends national rollout of ethanol mandate - sources
Share:
BEIJING (Reuters) - China has suspended its plan to implement a nationwide gasoline blend containing 10% ethanol this year, three sources briefed on the matter said, following a sharp decline in the country's corn stocks and limited production capacity of the biofuel. Beijing announced in September 2017 that the national gasoline supply would contain 10% ethanol from 2020, part of a broad reform of its corn industry that at the time was suffering from a massive surplus.But at a meeting in late..