Brazilian ethanol prices soar to 10-year highs as poor harvest take toll

January 9, 2012 |

In Brazil, new research from CEPEA/ESALQ shows that ethanol prices are the highest they’ve been in the past 10 years thanks to a poor harvest. April through November 2011 average prices were nearly 31% higher for hydrous at 66 cents per liter and 39% higher for anhydrous at 81 cents per liter.

Ethanol imports in December reached an all-time high of 279.8 million liters, with April-December imports totaling 1.139 billion liters, up from 55.4 billion liters the year before.

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Category: International

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