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The ethanol question
07/20/2009
Exports of anhydrous ethanol from Brazil to the US dropped to only 22.3 million l. in the 3 months through June, compared with 376.2 million l. shipped to the US in the same period last year.“The reduction in direct exports to the US has been offset by a large increase in exports to India, Japan, and South Korea,” said the Brazilian Sugarcane Industry Association. The group gave no other reason for the fall of US exports in their latest report. Ethanol exports since the beginning of the harvest totaled 985 million l., down from 1.1 billion l. in the same period last year. Exports to Caribbean countries and to Europe remained at about the same levels as last year, officials sai...
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