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2012 TRQ for Ethanol from CBI Countries, Insular Possessions

Wednesday, January 04, 2012
Sandler, Travis & Rosenberg Trade Report

The International Trade Commission has announced that imports of ethyl alcohol (i.e., ethanol) for fuel use produced in U.S. insular possessions and Caribbean Basin Initiative beneficiary countries with foreign feedstock will be subject to a tariff-rate quota of 906.9 million gallons during 2012, a 3.6% increase from 2011. This amount represents 7% of U.S. ethanol consumption, which the ITC determined reached 12.955 billion gallons during the 12-month period ending Sept. 30, 2011. Ethanol imports entered under the TRQ benefit from duty-free treatment in the U.S., as do ethanol imports made with local feedstock.

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