We recently published a list 12 best ethanol shares to buy according to hedge funds. In this article we will look at where BP PLC (NYSE: BP) is against other best ethanol shares to buy according to hedge funds.
Ethanol shares come from companies that produce, sell or distribute ethanol, a biofuel that is derived from crops such as corn and sugar cane. The ethanol industry is booming. According to Recedence Research, the Global Fuel Ethanol Market in 2024 was $ 106.20 billion, climbed to $ 111.64 billion in 2025, and it is expected that it is $ 174.98 billion by 2034, a CAGR of a CAGR of 2024 and 60. The north -rayer -Ramerpiode.
In general, the United States is the world’s leading producer and exporter of fuel athanol, and prices in the country remained relatively low in 2024. Moreover, Brazil is the second largest producer and exporter. Growth Energy, the largest biofuels association in the nation, released data that reveals that the Ethanol export from the US has set a new high in 2024. In total, the country exported 1.9 billion gallons ethanol with a value of $ 4.3 billion in 2024, with the previous record for volume being broken in 2018 and the earlier record for value in 2023.
CEO of the growth -Energy Emily Skor noted:
“De cijfers liegen niet. De wereld kijkt naar de VS om aan zijn brandstofbehoeften te voldoen en Amerikaanse producenten leveren op een manier die de economische groei in het buitenland en thuis in landelijke gemeenschappen in het hele land ondersteunt”, “Terwijl de nieuwe administratie zijn nieuwe handelsprioriteiten in actie brengt, kijken we uit naar het werken met president Trump en zijn team om ervoor te zorgen dat we op dit moment voortbouwen op een manier die verder gaat op een manier die we voortbouwen op dit moment In a way that continues with the sale of the American Ethanol -Boad. “
The US Energy Information Administration recently reported on 2 April that the output of fuel athanol in the US increased by 1%in the week that ended on March 28. Shares of fuel ethanol fell by 3%, while exports fell by 62%.
The most important thing is that the export market remains the most attractive opportunity to stimulate the demand of the American ethanol in 2025. According to Jacqui Fatka, a farm supply and biofuels economist at Cobank, ethanol use in the size of the higher level is expected to be ended in the US annually. Therefore, without large expenses for infrastructure with which retailers can adjust pumps or signage, the national E15 sales will not increase significantly in the coming period. The export market is currently the best opportunity to stimulate demand in 2025.