ETHANOL EXPORTS KEEP EXPANDING IN SEPTEMBER

The total volume of ethanol traded in the market in the first fifteen days of September 2020 was 1.33 billion liters, almost the same volume traded in the same period of 2019 (1.33 billion liters). Of this total, exports kept a heated pace, with 155.75 million liters handled to the foreign market. The volume of hydrous ethanol in the domestic market was 813.48 million liters in the first half of September, a fall of 13.57% over the amount recorded in the same period of the last harvest (941.25 million liters). On the other hand, anhydrous ethanol registered an increase of 9.09%, with 367.46 million liters sold in 2020, in comparison to 336.85 million liters in 2019. “The retraction in sales of fuel hydrated ethanol was less than that seen in the last months of harvest, besides it was in part mitigated by the growth of exports and sales of anhydrous ethanol”, said the technical director of UNICA, Antonio de Padua Rodrigues. “Despite the progress, preliminary market figures suggest that consumption of light fuels is still falling in Brazil due to the isolation measures in the country” he added.

Source: Jornal Cana

*Translated by Ia Niani