Brazilian ethanol imports fall 63% in July but still 34% higher on year

In Brazil, ethanol imports sank 63% in July from the month previous to 73.8 million liters but they were still 34% higher than the same period last year, nearly all of it coming from the US through northeastern ports. As mills continue to focus on sugar production over ethanol, imports are still likely needed this year to meet the 27% ethanol blending mandate but mills from the main Center-South region should be able to supply much more now that the crush is half-way through.