Brazilian real weighing on Asian grade b ethanol market

In Singapore, the instability of the Brazilian Real and its impact on the global ethanol market is keeping the Asian grade b market on its toes, with prices falling by as much as $50 per cubic meter as a result of the Real’s slide last Friday. But changing import policies into Brazil could mean that less US ethanol will enter the country, supporting Brazilian prices and therefore prices in the Asian grade b market as well.