Tag: Brazil

Brazilian ethanol sales fall further in December

Brazilian ethanol sales fall further in December

January 17, 2017 |

In Brazil, UNICA said hydrous ethanol sales fell by more than 20% on the year in December to 1.13 billion liters. Even though anhydrous sales also fell, it was as drastic as hydrous at 906.52 million liters from 936.54 million liters last year. Less than 75 million liters of the more than 2 billion liters […]

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Brazilian mills still riding a sugar high to ethanol’s detriment

Brazilian mills still riding a sugar high to ethanol’s detriment

January 9, 2017 |

In Brazil, mills will continue to produce more sugar than ethanol in 2017 as the industry continues to ride higher sugar prices before the global supply deficit swings towards a surplus later in the year that will weigh on prices again. CEPEA expects hydrous ethanol production to fall in light of recent tax changes that […]

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Brazilian mills sell 3% more hydrous during H1 December

Brazilian mills sell 3% more hydrous during H1 December

January 5, 2017 |

In Brazil, during the first half of December, mills sold 3% more hydrous ethanol than during the previous two-week period at 552.62 million liters. Anhydrous ethanol sales were barely more than flat at 438.80 million liters. Of the more than 1 billion liters sold during the period, about 30.4 million liters were intended for export. […]

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Brazil’s ANP gives Caramuru Alimentos the OK for new $7.5 million biodiesel plant

Brazil’s ANP gives Caramuru Alimentos the OK for new $7.5 million biodiesel plant

January 3, 2017 |

In Brazil, Caramuru Alimentos, one of the largest domestic grain processors of, received authorization from the National Petroleum, Natural Gas and Biofuels Agency (ANP) to build its biodiesel plant in Sorriso, Mato Grosso. The authorization was published on Friday in the Federal Official Gazette. The plant, which will be built in the industrial complex that […]

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Brazilian ethanol supplies to be short thanks to sugar bringing in $100 more per ton

Brazilian ethanol supplies to be short thanks to sugar bringing in $100 more per ton

January 2, 2017 |

In Brazil, sugar mills’ focus on sugar production rather than ethanol during the 2016 crush is expected to support ethanol prices due to a lack of supply. Platts says that since the official start of the crush on April 1 through December 21, sugar produced for export fetched nearly $100 per metric ton more than […]

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Brazil drops PIS/Cofins tax exemption on ethanol as of January 1

Brazil drops PIS/Cofins tax exemption on ethanol as of January 1

January 2, 2017 |

In Brazil, the National Federation of Fuels and Lubricants (Fecombustíveis) announced that as of January 1, the PIS / Cofins exemption on ethanol will be withdrawn. The end of the exemption is due to the loss of validity of the benefit provided by Law No. 12,859, of 2013, which gave importers and producers of ethanol […]

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Petrobras sells Guarani stake to Tereos for $220 million

Petrobras sells Guarani stake to Tereos for $220 million

December 29, 2016 |

In Brazil, Petrobras sold its 49% stake in Guarani to French sugarbeet cooperative Tereos for $220 million as part of its on-going asset divestment following several years of significant financial losses coupled with a very public corruption scandal. Tereos already owns the remaining 51% of the sugarcane company that owns seven mills producing ethanol and […]

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Conab expects Brazilian ethanol demand to increase eventually but now is stagnant

Conab expects Brazilian ethanol demand to increase eventually but now is stagnant

December 21, 2016 |

In Brazil, the government’s agricultural statistics agency Conab says it expects ethanol’s prospects to improve going forward due to the potential for increasing fossil fuel prices. Demand remains stagnant for the moment in the domestic market, however, which combined with strong international prices for sugar and currency fluctuations that supports sugar exports has led to […]

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Brazilian hydrous ethanol tax still under negotiation

Brazilian hydrous ethanol tax still under negotiation

December 21, 2016 |

In Brazil, the decision to reinstate a tax on hydrous ethanol at the mill gate from January 1 hasn’t yet been decided as the government is still in talks with the industry, but even if a decision is reached it won’t be before the beginning of the year. Mills have already priced in the tax […]

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Brazil’s hydrous ethanol sales fall more than 15% in November

Brazil’s hydrous ethanol sales fall more than 15% in November

December 20, 2016 |

In Brazil, hydrous ethanol sales fell more than 15% to 1.04 billion liters in November while anhydrous sales rose slightly to 827.05 million liters, indicating drivers’ preferences to continue to pump gasoline blended with anhydrous ethanol thanks to lower prices rather than pure anhydrous ethanol. Petrobras recently announced an increase in gasoline prices but that […]

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