Tag: Brazil

Brazilian H2 February ethanol prices jump more than 10%

Brazilian H2 February ethanol prices jump more than 10%

February 20, 2019 |

In Brazil, Platts reports that hydrous ethanol prices surged to $562.7/cu m during the first half of February, an increase of more than 10% from the second half of January and the highest seen since November 1 due to retailers failing to pass on lower gasoline prices to consumers. As a result, drivers chose to […]

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Brazilian sugar mills seen being more responsive to sugar and ethanol prices

Brazilian sugar mills seen being more responsive to sugar and ethanol prices

February 19, 2019 |

In Brazil, Reuters reports that Louis Dreyfus believes flexible sugar mills that can easily switch between sugar and ethanol will likely make the shift faster this next season than in previous seasons, leading to “dramatic” shifts in production of either product as mills become more pragmatic in their decision making. Alvean believes that sugar prices […]

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Rising biodiesel blends sees production rise and prices fall

Rising biodiesel blends sees production rise and prices fall

February 18, 2019 |

In Brazil, Platts reports that data from the energy ministry shows increasing the biodiesel blending mandate to 10% with an eye to further increases in the mandate has encouraged increased production which in turn has reduced prices, falling recently to an 18-month low. Biodiesel production rose 25% on the year in 2018 to 5.35 billion […]

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Brazilian car manufacturers aim to stop planned 15% biodiesel blend

Brazilian car manufacturers aim to stop planned 15% biodiesel blend

February 18, 2019 |

In Brazil, Reuters reports that the national association of automobile manufacturers has recommended the government not boost the biodiesel blending mandate to 15% by 2023 as proposed by the biodiesel industry, a move which unsurprisingly has the industry in an uproar. The car manufacturers claim that boosting the biodiesel blend can have a number of […]

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UNICA Council approves Evandro Gussi as new president

UNICA Council approves Evandro Gussi as new president

February 17, 2019 |

In Brazil, the Brazilian Sugarcane Industry Association (UNICA) approved the appointment of Evandro Gussi as its new Director-President. “We want to continue to contribute with Brazil, and our goal is to guarantee institutional bases that will bring clear and predictable rules to the national and international market. This is essential to provide security for investors […]

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Brazil’s ANP sees 977.5 million liters of biodiesel sold at latest auction

Brazil’s ANP sees 977.5 million liters of biodiesel sold at latest auction

February 14, 2019 |

In Brazil, RenewablesNow reports that the national oil agency ANP facilitated the sale of 977.5 million liters of biodiesel valued at $608.5 million at its most recent auction. The average price was near 63 cents per liter. Nearly all of the 1.12 billion liters of fuel offered by 40 producers carried the social seal indicating […]

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Brazilian H2 January ethanol production up nearly 25% on year

Brazilian H2 January ethanol production up nearly 25% on year

February 13, 2019 |

In Brazil, Platts reports that UNICA data shows ethanol production during the second half of January was nearly 25% higher on the year at 84 million liters, 44 million liters of which was hydrous ethanol. Total ethanol production for the year from April through January was up nearly 20% year-on-year at about 30.3 billion liters. […]

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US asks Brazil to drop ethanol import tariffs

US asks Brazil to drop ethanol import tariffs

February 7, 2019 |

In Brazil, Reuters reports that the US government is hopeful of a positive response to its request that 20% tariffs and quarterly volume limits on imports of US-origin ethanol be lifted. A senior USDA official said that it was hoped the warm relationship between the two countries’ leaders could help move the discussion forward. Trump […]

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Brazilian researchers see beef and sugarcane ethanol reducing pressure on forests

Brazilian researchers see beef and sugarcane ethanol reducing pressure on forests

February 5, 2019 |

In Brazil, SciDev reports that researchers have determined that coproduction of sugarcane and beef cattle on the same land can allow expansion of ethanol production without the risk of deforestation. Byproducts from the ethanol production such as molasses, yeast and bagasse could be converted into animal feed, reducing the need for pasture for some of […]

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Brazilian sugar mills may reduce ethanol production this year as sugar prices set to rise

Brazilian sugar mills may reduce ethanol production this year as sugar prices set to rise

February 4, 2019 |

In Brazil, Platts reports that with ethanol set to account for 65% of cane crushed during the 2018/19 season that is just wrapping up, the highest seen in a decade, oil and gas prices are expected to impact ethanol—and therefore sugar—more than ever before. With global sugar production falling this year and edging toward a […]

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