Hydrous ethanol sales in Brazil rose by 13% in September compared to the same period last year, reaching 1.49 billion liters. This upturn is due to the competitiveness of this renewable fuel compared to gasoline. Ethanol sales had already increased in August, following a decline for most of the year. Ethanol sales declined by 3.8% between January and September. The competitiveness of ethanol was aided by a 10% increase in ethanol production in the center-south, as well as a record sugarcane crop. Despite a year-to-date gain of 11.4% through September, distributor gasoline sales fell by 3.5% in September.
Source: Forbes Agro (*Translated by Ia Niani)
ETHANOL SALES SURGE AGAIN IN BRAZIL IN SEPTEMBER
Published On - 9 de November de 2023