BRAZIL’S DIESEL IMPORTS SURGE ON SOARING DEMAND AND TIGHT SUPPLY, SAYS STONEX

Brazil’s imports of diesel A rose 16.6% between January and November 2025, totaling 15.8 billion liters. This growth was driven by lower domestic supply and strong demand, especially from agriculture. In November alone, purchases jumped 64% year-over-year to 1.3 billion liters, reflecting delayed soybean planting and heightened input transportation. Gasoline imports also increased, reaching 550 million liters in November due to strong domestic demand, competitive pricing versus ethanol, and a favorable import window ahead of a Petrobras price adjustment. While a December slowdown is expected, imports are projected to finish 2025 at a high level.
Source: Reuters / Notícias Agrícolas (*Translated by Ia Niani)