Brazilian hydrous ethanol prices seen strengthening further despite weak January sales

February 13, 2020 |

In Brazil, Platts reports that although demand for hydrous ethanol softened in January, hydrous prices should still continue to rise through March as is typical during the inter-harvest season when the main center-south region crushes significantly less sugarcane. January hydrous ethanol sales fell 4.3% on the year to 1.75 billion liters, Platts quoted from an unidentified industry report. Sugar futures prices recently flipped to a premium over ethanol whereas ethanol had been more profitable to produce for sugar mills during the past few years.

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Category: Fuels

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