Anhydrous ethanol shortage in NNE seen opening up import window in 3-6 months

In Brazil, Platts reports that a shortage of anhydrous ethanol in the NNE region of up to 150,000 cu m in the next three to six months could push local prices high enough to trigger an import window for US-origin ethanol. Ethanol from other parts of the country, including corn-based ethanol, will make its way to NNE to fill the supply gap for as long as possible before the arbitrage window opens, in addition to small volumes from neighboring Bolivia and Paraguay.