Brazilian sugarcane giant to switch to hydrous ethanol production from anhydrous

In Brazil, sugarcane giant San Martinho plans to shift its ethanol production to predominantly hydrous fuel from anhydrous in order to serve the domestic flex-fuel car market rather than blend with gasoline or export. The company dedicates about half of its cane towards ethanol while the remainder goes to sugar. With sugar prices increasing globally, it’s expected that mills will begin to shift away from a focus on ethanol production to sugar instead which could help support ethanol prices.