September 2021 registered the highest average price of ethanol in the last seven years, at US$ 624.07/cu m. Detailed export data were released by the Foreign Trade Secretariat (Secex), of the Ministry of Economy. The revenue obtained from ethanol exports in September was US$ 124.29 million, up 185.3% from the previous month (US$ 43.56 million). In the annual comparison, there was an increase of 2.9%. The main destinations in the month were: South Korea (116.613 million L), Nigeria (22.29 million L), the United States (20.35 million L), the Netherlands (13.99 million L), and Japan (8.97 ml). The average value of ethanol sold during the year was US$ 525.06/cu m, an increase of 16.5% when compared to the same period in 2020. The main destinations for Brazilian ethanol were: South Korea (564.17 mi L), United States (329.21 mi L), Netherlands (78.6 mi L), Nigeria (76.2 mi L) and India (70.09 mi L).
Source: Nova Cana (*Translated by Ia Niani)