Monday, April 4, 2011

UNICA Expects Decline in Brazil Ethanol Exports

DomesticFuel.com Posted by Cindy Zimmerman – April 1st, 2011 Ethanol exports from Brazil could drop by as much as 18% this season compared to last year, according to the Brazilian Sugarcane Industry Association (UNICA). UNICA is expecting a slight increase in ethanol production this year, however. “Ethanol production should reach 25.51 billion liters in the 2011/2012 season, a 0.52% increase compared to the last harvest, when the total reached 25.37 billion liters,” the organization reports. According to UNICA’s Technical Director, Antonio de Padua Rodrigues, increased ethanol production combined with a drop in exports will result in an increase of almost 500 million liters of the biofuel in the domestic supply. “However, this increase in ethanol supply for domestic use is lower than the expected growth in demand, given accelerated sales of flex vehicles,” he said. Read more