Brazilian ethanol exports down
Brazil's ethanol exports are expect to go down by 21.95 during the 2007-2008 fiscal year which ends in March, according to the Brazilian Association of Sugarcane Industries (Unica). From April 2006 to March 2007, Brazil exported 4,1 billion liters of ethanol. Current figures are down to about 3,2 million. Global production figures, according to our source, are increasing: 21,6 billion liters.
Unica states that the main reason for this decrease is the market's volatility. Unica also expressed its concern about the U.S.'s and the EU's plans to tax ethanol imports. According to them, Brazilian ethanol is cleaner and cheaper than corn or beetroot's ethanol.
Despite these negative figures, the Brazilian ethanol industry is at its peak for its internal demand. 4.4 out of 20 million vehicles in Brazil are flex-fuel. Brazil's sugarcane production is mostly targeted for ethanol production - about 55.28 percent of it.
[Source: Econoticias]
Reader Comments (Page 1 of 1)
Dad 8:07PM (12/16/2007)
"the Brazilian ethanol industry is at its peak for its internal demand. 4.4 out of 20 million vehicles in Brazil are flex-fuel."
Okay ,with only 4.4 mil cars on ethanol, how would that rerpresent the peak for ethanol? If next year, 5.5 mil cars are flex, wouldn't that year show higher consumption of ethanol than in 2007?
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GreyFlcn 9:54PM (12/16/2007)
Lol this is actually kinda funny compared to the hype.
Hrmm guess where Brazil gets almost all their liquid fuel from....
PETROLEUM.
http://greyfalcon.net/brazil
http://greyfalcon.net/brazil2
http://greyfalcon.net/brazil3
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Xavier Navarro 3:24PM (12/17/2007)
To GreyFlcn,
Lula da Silva has recently signed an agreement with Chávez to build a refinery in Pernambuco state, at the north of the country, near Venezuela :)
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PakieMak 9:49AM (12/17/2007)
Instead of saving our corn for food (and keeping prices down) and using sugar based fuel from Brazil... we tax imported ethanol and raise the price of food. GREAT! Sounds like another stupid plan our government is f@cking us with. No pay raises in 2008 because of poor sales (and recession scare), and increased price-of-living sounds like us middle-class will now need to beg for food.
Something is definitely wrong here...
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GreyFlcn 11:26AM (12/17/2007)
Yeah, because who gives a crap about global warming anyways, I want to drive my hummer around with ethanol!
http://www.huffingtonpost.com/chris-mcgowan/biofuel-could-eat-brazil_b_64466.html
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GreyFlcn 3:42AM (12/18/2007)
Yeap.
Venezuella wants to do the "instead of MBTE" approach.
But either way, compare the oil production of Brazil to Venezuela. They are actually quite similar. Especially if you factor in the growth in Brazilian oil production.
http://greyfalcon.net/brazil
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