Sunday, January 6, 2013

Brazil's Ethanol Exports Shoot Up 55% in 2012

Sugarcane, Brazil's main feedstock for ethanol.
Platts in London reports that Brazil exported 804 million gallons of ethanol in 2012, which was 55% higher than their exports in 2011, bringing money into their country and boosting their economy. The main buyers of the ethanol were the United States, Jamaica, South Korea and Japan.

Brazil the second largest ethanol producer in the world. The United States is the largest.

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