Four vessels waiting to load 66.9 million liters of ethanol from Santos port

In Brazil, shipping data shows that four vessels are waiting to load 66.9 million liters of fuel and industrial grade ethanol at the port of Santos. Of the total, 94% of the ethanol is exported by Raizen while the remainder comes from Sao Martinho mill. Ethanol exports slowed in July by 16% but were 3% higher than July 2015 while prices averaged $480.40/cu m FOB compared to $467.40/cu m in July 2015.