Brazil tightening ethanol stocks rules to head off need for tariff

May 16, 2017 |

In Brazil, though the energy minister is against tariffs on ethanol imports that could potentially trigger retaliation from the US, he said the country is instead looking to tighten up rules so that imports are on an even playing field with domestic producers that may help to stem the flood of corn-based fuel from the US. Ethanol importers will be required to hold stocks equal to 8% of total sales during the prior year just as mills do to ensure sufficient availability during the interharvest season.

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Category: Fuels

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