Tag: Brazil

Brazil will only extend ethanol quota for US if US takes more sugar

Brazil will only extend ethanol quota for US if US takes more sugar

March 20, 2019 |

In Washington, Reuters reports that Brazil and the US haven’t made progress on negotiations regarding a renewal of the ethanol quota for US exports to Brazil that expires in a few months due to Washington’s lack of interest in negotiating further sugar market access in exchange. The Brazilian agriculture minister told Reuters in an interview […]

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Brazilian sugar-ethanol mix for upcoming season still far from clear

Brazilian sugar-ethanol mix for upcoming season still far from clear

March 19, 2019 |

In Brazil, Reuters reports that the question about the sugar-ethanol mix for the country’s sugar cane crush that kicks off on April 1 is the big question at the moment which will have direct impacts on ethanol prices, ethanol imports and sugar prices both locally and nationally. Some mills have already started crushing early ahead […]

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

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 […]

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Brazilian H2 February ethanol prices jump more than 10%

Brazilian H2 February ethanol prices jump more than 10%

February 20, 2019 |

In Brazil, Platts reports that hydrous ethanol prices surged to $562.7/cu m during the first half of February, an increase of more than 10% from the second half of January and the highest seen since November 1 due to retailers failing to pass on lower gasoline prices to consumers. As a result, drivers chose to […]

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Brazilian sugar mills seen being more responsive to sugar and ethanol prices

Brazilian sugar mills seen being more responsive to sugar and ethanol prices

February 19, 2019 |

In Brazil, Reuters reports that Louis Dreyfus believes flexible sugar mills that can easily switch between sugar and ethanol will likely make the shift faster this next season than in previous seasons, leading to “dramatic” shifts in production of either product as mills become more pragmatic in their decision making. Alvean believes that sugar prices […]

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Rising biodiesel blends sees production rise and prices fall

Rising biodiesel blends sees production rise and prices fall

February 18, 2019 |

In Brazil, Platts reports that data from the energy ministry shows increasing the biodiesel blending mandate to 10% with an eye to further increases in the mandate has encouraged increased production which in turn has reduced prices, falling recently to an 18-month low. Biodiesel production rose 25% on the year in 2018 to 5.35 billion […]

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Brazilian car manufacturers aim to stop planned 15% biodiesel blend

Brazilian car manufacturers aim to stop planned 15% biodiesel blend

February 18, 2019 |

In Brazil, Reuters reports that the national association of automobile manufacturers has recommended the government not boost the biodiesel blending mandate to 15% by 2023 as proposed by the biodiesel industry, a move which unsurprisingly has the industry in an uproar. The car manufacturers claim that boosting the biodiesel blend can have a number of […]

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UNICA Council approves Evandro Gussi as new president

UNICA Council approves Evandro Gussi as new president

February 17, 2019 |

In Brazil, the Brazilian Sugarcane Industry Association (UNICA) approved the appointment of Evandro Gussi as its new Director-President. “We want to continue to contribute with Brazil, and our goal is to guarantee institutional bases that will bring clear and predictable rules to the national and international market. This is essential to provide security for investors […]

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Brazil’s ANP sees 977.5 million liters of biodiesel sold at latest auction

Brazil’s ANP sees 977.5 million liters of biodiesel sold at latest auction

February 14, 2019 |

In Brazil, RenewablesNow reports that the national oil agency ANP facilitated the sale of 977.5 million liters of biodiesel valued at $608.5 million at its most recent auction. The average price was near 63 cents per liter. Nearly all of the 1.12 billion liters of fuel offered by 40 producers carried the social seal indicating […]

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Brazilian H2 January ethanol production up nearly 25% on year

Brazilian H2 January ethanol production up nearly 25% on year

February 13, 2019 |

In Brazil, Platts reports that UNICA data shows ethanol production during the second half of January was nearly 25% higher on the year at 84 million liters, 44 million liters of which was hydrous ethanol. Total ethanol production for the year from April through January was up nearly 20% year-on-year at about 30.3 billion liters. […]

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