Anhydrous ethanol stocks fall in Brazil thanks to higher demand in NNE

In Brazil, anhydrous ethanol stocks have fallen in the main center-south region by 12% on the year at just 3.95 billion liters in mid-November. Ethanol production was down 8% on the year through mid-November, with just a few weeks left to the crush and several mills already offline for the season. Though demand in the region is down 4.5% on the year, demand for anhydrous in the North Northeast is up 8% and only 38% of its demand is supplied locally, replying on supplies from the center-south.