ETHANOL SALES INCREASED 75.5% COMPARED TO JANUARY LAST YEAR

According to the Sugarcane Industry Union (UNICA), sales of ethanol in January surged by 75.5% compared to the same month last year, reaching over 1.7 billion liters. This impressive increase in sales can be attributed to two main factors: the need for mills to clear their inventory, and a successful sugarcane harvest. The market for biofuels is being fueled by mills’ capacity to meet the ongoing demand for ethanol, as well as the market’s sustained need for this fuel.
Source: Record News (*Translated by Ia Niani)