US Ethanol Imports Could Temper Rising Prices – Analyst – Brazil
by João Carvalho (Business News Americas) Imported corn-based ethanol from the US could help ease ethanol prices in Brazil that have been rising because of increasing demand and heavy rains that have delayed the sugarcane harvest, Julio Maria Borges, a director at sugar and ethanol industry consultancy Job Economia e Planejamento, told BNamericas.
“Importing ethanol from the US makes sense from the commercial point of view as the American corn-based ethanol, at the moment, is US$300/m3 cheaper than ethanol produced from Brazilian sugarcane,” Borges said. READ MORE
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