Brazilian hydrous ethanol prices fall more than 8% during first week of crush

April 10, 2018 |

In Brazil, Reuters reports that hydrous ethanol prices fell more than 8% during the first week of the new crop year to $1.84 per gallon as mills focus on ethanol production rather than sugar as is traditional during the early part of the season when rains can still impact the quality of cane. Despite the sharp fall in ethanol prices, it is still 7% more profitable to produce ethanol than to produce sugar due to the sweetener fetching the lowest prices in 2.5 years.

Category: Fuels

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