Platts sees Brazilian Q1 hydrous ethanol demand remaining steady

January 15, 2020 |

In Brazil, Platts reports that despite record high hydrous ethanol prices, it expects consumption to remain steady during Q1 because even though prices are high, they are still just around 70% of the price of gasoline. UNICA data showed on Tuesday that sugar mills sold 1.96 billion liters of ethanol in December, nearly 7% higher on the year despite high prices, indicating that the trend won’t be limited by the price increase. Overall sales were up more than 12% on the year through December at 18.17 billion liters.

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Category: Fuels

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