Brazilian ethanol production seen down 14% as mills favor sugar

August 20, 2020 |

In Brazil, Reuters reports CONAB data shows sugar mills continue to heavily favor sugar production over ethanol this season. Although the overall sugarcane crush is seen holding mostly steady with last year at just over 642 million metric tons, ethanol production is expected to fall 14% on the year to 30.56 billion liters, including 2.61 billion liters of corn-based ethanol, an increase of 61% over last season. Mills are focused on sugar production due to a drop in fuel prices and fuel demand together with its largest competitor, Thailand, seeing its smallest cane crop in a decade.

Category: Fuels

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