Platts sees US 2018 ethanol exports to Brazil at 1.7 billion liters despite tariff

November 8, 2017 |

In Brazil, Platts expects the US to export 1.7 billion liters of ethanol to Brazil next year, down slightly from the 1.8 billion liters seen for this year, despite the new 20% import duty on imports above 600 million liters, as center-south mills won’t be able to boost supplies to the north-northeast as higher gasoline prices boost demand for ethanol. US ethanol could increase market share in Brazil’s north-northeast region to 40% from 30% this year.

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