Tag: Brazil

Brazil contracts 964.8 million liters of biodiesel for $729.3 million at auction

Brazil contracts 964.8 million liters of biodiesel for $729.3 million at auction

October 10, 2018 |

In Brazil, ANP sold 964.8 million liters of biodiesel at its most recent auction at an average price of 75 cents per liter totaling $729.3 million. More than 1 billion liters of biodiesel was offered at the two day auction by 38 producers, 99.1% of which bored the Social Fuel Seal indicating feedstock was sourced […]

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Chinese demand for Brazilian soy leaves biodiesel producers without feedstock

Chinese demand for Brazilian soy leaves biodiesel producers without feedstock

October 8, 2018 |

In Brazil, Bloomberg reports that thanks to demand for soybeans from China that have seen premiums double this past year, domestic soybean crushers are expected to hold off until the harvest begins in 2019 because of negative margins. So, while overall exports of soybeans are up 13% on the year through September with 91% of […]

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Brazilian ethanol imports slide 88% in September as NNE crush kicks in

Brazilian ethanol imports slide 88% in September as NNE crush kicks in

October 4, 2018 |

In Brazil, Platts reports that September ethanol imports fell 88% from the month prior at 5.7 million liters, 95% lower than last year and the lowest since September 2015 when just 15,000 liters were imported. September imports are traditionally low due to the ongoing sugarcane crush in the center-south region and the start of the […]

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Brazilian hydrous ethanol demand reaches all-time record in August

Brazilian hydrous ethanol demand reaches all-time record in August

October 2, 2018 |

In Brazil, Platts reports that ANP data shows hydrous ethanol demand reached a record high in August of 1.81 billion liters, up 49% on the year thanks to the fuel’s competitiveness with gasoline. It was the highest since October 2015. Roughly 92% of the demand came from the center-south region. Hydrous represented 29% of total […]

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Brazilian poultry giant concerned about competition with ethanol plants for corn

Brazilian poultry giant concerned about competition with ethanol plants for corn

September 19, 2018 |

In Brazil, Reuters reports that the country’s largest poultry producer has flagged the potential for increased competition for corn in the center-west region due to increased ethanol production. The company is concerned that increased demand for corn will raise its feed costs and negatively impact its margins. Ethanol production from corn remains a small fraction […]

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Brazil to hold public hearing on how to ramp up further biodiesel blending

Brazil to hold public hearing on how to ramp up further biodiesel blending

September 18, 2018 |

In Brazil, the Ministry of Mines and Energy will hold a public hearing on Friday to discuss whether ramping up biodiesel blending should happen faster or slower. Two proposals have been put on the table, so the hearing seeks to get opinions as to which of the options should be implemented. Price and supply will […]

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Brazilian ethanol production and sales continue to break records in H2 August

Brazilian ethanol production and sales continue to break records in H2 August

September 12, 2018 |

In Brazil, Reuters reports that UNICA data shows sugar mills continued to favor ethanol production during the second half of August despite analysts’ estimates that the crush could switch towards more sugar production. Mills produced 2.45 billion liters during H2 August, up from 1.97 billion during the first half of the month and more than […]

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Platts sees record ethanol production in H2 August despite mills looking at more sugar

Platts sees record ethanol production in H2 August despite mills looking at more sugar

September 11, 2018 |

In Brazil, Platts expects hydrous ethanol production for the last half of August to have reached a record high for the period of 1.62 billion liters, nearly 60% higher than H2 August 2017 and more than 21% higher than the first half of the month. That would bring total hydrous ethanol production for the season […]

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Brazilian ethanol imports slide 67% between July and August

Brazilian ethanol imports slide 67% between July and August

September 6, 2018 |

In Brazil, Platts reports August ethanol imports dropped 67% from the prior month and 65% on the year to the lowest in two years at 47.6 million liters. Total imports for the year are only down 5.5%, however, at 1.4 billion liters. Nearly all of the imports came through North-Northeast ports from the US. Devaluation […]

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Future of Brazilian ethanol production unclear

Future of Brazilian ethanol production unclear

September 5, 2018 |

In Brazil, Reuters reports there’s a major difference between two key analysts’ expectations for ethanol production next year, leaving a lot of questions as to what may happen. Bioagência believes mills will continue to focus on ethanol next season, estimating 30 billion liters of ethanol compared to 28.8 billion liters this year, with sugar production […]

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