
US ethanol remains 35% cheaper than Brazilian, prompting exports
In Brazil, currently, ethanol is $1.50 per gallon at the Gulf Coast Ports in the United States, while ethanol in Brazil is $2.32 per gallon. Due to price competitiveness and strong demand, Brazil, the second largest global ethanol producer, is also the largest overseas buyer of U.S. ethanol. One contributing factor is the internal distribution […]