Ethanol demand from Brazilian drivers soars as prices fall below parity

July 25, 2013 |

In Brazil, dry weather has boosted the sugarcane crush, leading to a surge in sugar production over ethanol production. But despite that, ethanol prices have fallen below the 70% price parity in many parts of the country that leads drivers to switch to ethanol for their flex-fuel cars. In some places, they’ve got below 60%. So far ethanol sales are up 46% on the year at 9.9 billion liters.

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Category: International

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