Tag: Brazil

Brazilian ethanol prices fall for seventh week in a row

Brazilian ethanol prices fall for seventh week in a row

May 23, 2016 |

In Brazil, a steady cane crush continues to weigh on ethanol prices as they fall to BRL2.33/liter, down 2% on the week and 64.7% of the price of gasoline, down from 77% in early April when the crush was just kicking off. The energy content of ethanol typically means that parity below 70% is a […]

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Brazilian ethanol prices continue to fall in the face of record production

Brazilian ethanol prices continue to fall in the face of record production

May 19, 2016 |

In Brazil, ethanol prices continue to fall pressured by increased ethanol production. Despite sugar prices having up to a 400-point premium over ethanol, mills continue to produce large quantities of ethanol in order to secure cash for payroll. Ethanol production in April was up nearly 63% at 2.77 billion liters, forcing mills to sell ethanol […]

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Brazilian ethanol prices could rise 25% if Cide increase approved

Brazilian ethanol prices could rise 25% if Cide increase approved

May 18, 2016 |

In Brazil, the new government is looking to boost the Cide tax on gasoline to 17 cents from 3 cents, which could have an immediate price impact of an additional 25% on ethanol prices. Doing so could have a major impact on the sugarcane crush currently underway as mills are getting more profit from sugar […]

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Brazilian biodiesel and commodities giant to list foreign assets on NYSE

Brazilian biodiesel and commodities giant to list foreign assets on NYSE

May 12, 2016 |

In New York, Brazil commodities giant JBS announced it will list on the New York Stock Exchange reflecting that acquisitions globally now mean that most of its revenues from outside the country. The company is reorganizing so that all of its international assets outside of Brazil are inside JBS Foods International, which will be listed […]

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Brazilian ethanol production up 6% on the year

Brazilian ethanol production up 6% on the year

May 11, 2016 |

In Brazil, ethanol production rose 6% last year to 30 billion liters with a demand increase of 34% for hydrous ethanol that jumped on the back of higher gasoline prices after the government shifted its pricing policy. As a result of the policy shift, gasoline demand fell 7%. Biodiesel also increased in 2015 to 3.9 […]

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Brazilian ethanol prices dip slightly but holding steady despite the crush

Brazilian ethanol prices dip slightly but holding steady despite the crush

May 3, 2016 |

In Brazil, both hydrous and anhydrous ethanol prices fell last week but the losses were fairly limited, at just 1.99% and 0.93% respectively. Despite the sugarcane crush typically starting in April, mills began early in mid-March in order to try to crush the bumper crop this year, a move which helped to push down prices […]

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Ceres gets the OK to trial its biotech sugarcane in Brazil

Ceres gets the OK to trial its biotech sugarcane in Brazil

May 3, 2016 |

In Brazil, Ceres announced that the company has received approval to initiate field testing of its biotech sugarcane in the country. The company plans to test its biomass and sugar yield and stress tolerance traits in several commercial sugarcane cultivars adapted to Brazil’s major production areas. The field evaluations, which were approved by Brazil’s Ministry of Science, Technology and Innovation, […]

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Brazilian hydrous ethanol sales fall during H1 April by nearly 20%

Brazilian hydrous ethanol sales fall during H1 April by nearly 20%

May 2, 2016 |

In Brazil, hydrous ethanol sales fell by nearly 20% during the first half of April, the fifth month in a row sales had fallen year-on-year, which is in line with the increased prices as a result of higher demand going into the end of 2015. Sales during the period were better than in March, however, […]

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Brazilian biodiesel production stable in March but ethanol soars 24%

Brazilian biodiesel production stable in March but ethanol soars 24%

April 27, 2016 |

In Brazil, biodiesel production remained stable in March at 321,000 cubic meters, bringing the quarterly total to 892,000 cu m. The country’s total installed production capacity is 7,243,000 cu m as of March, though many facilities remain mothballed due to lack of demand. The Midwest region accounts for 40% of the production capacity while the […]

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Brazilian hydrous ethanol prices stabilize while anhydrous slips slightly

Brazilian hydrous ethanol prices stabilize while anhydrous slips slightly

April 27, 2016 |

In Brazil, hydrous ethanol prices have stabilized and even strengthened slightly by 0.25% during the week of 18-22 April to $1.46/gal as sellers stayed away from the market. Steady prices in the Center-South region have encouraged trade coming in from other states such as Goias. The trend is curious considering the crush continues to strengthen […]

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