The National Agency of Petroleum, Natural Gas and Biofuels (ANP) and the Union of the Sugarcane Industry (UNICA) announced that the consumption of fuels from January to August reached 30.80 billion liters in 2020, a decrease of 12.3% in relation to the total registered in the same period of 2019. The share of ethanol consumed by the light vehicle fleet reached 47.0%, this is the second highest rate registered in Brazil’s history. In August, hydrated ethanol consumption grew for the fourth consecutive month in Brazil. The total sold was 1.56 billion liters, indicating a significant recovery in sales of biofuel, with a 29.50% increase over the volume sold in April, in which there was a strong retraction due to social distance measures. “Despite the falls due to the pandemic, fuel consumption has been re-establishing itself, and the high competitiveness of ethanol has boosted sales in the main consumer centers”, said UNICA.
Source: Universo Agro / DATAGRO
*Translated by Ia Niani