Brazilian hydrous ethanol mill sales soar nearly 51% on year during H1 February

February 26, 2019 |

In Brazil, Platts reports that UNICA data shows during the first half of February hydrous ethanol sales by mills rose nearly 51% on the year to 926.85 million liters as retailers rushed to ensure they had enough supply for the second half of the month, despite expectations from the market that demand would fall during the period. So far this month, ethanol prices have increased more than 20% to $612.18/ cu m. Hydrous ethanol production rose more than 40% to 21.2 billion liters during the season that traditionally ends in December but technically ends March 31 compared to an increase in demand of almost 36%  at 18.41 billion liters.

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