Brazil Jan ethanol exports drop 13% to 191m litres

02 February 2009 20:19  [Source: ICIS news]

HOUSTON (ICIS news)--Brazilian ethanol exports in January totalled 191m litres (50.5m gal), a 13% drop from 220m litres one year earlier, Brazil’s foreign trade ministry said on Monday.

Ethanol shipments in January were down by 45% from 348m litres in December 2008, the government said.

Ethanol exports reached an average of $475/cbm (€371/cbm) in January. That compares with $469/cbm in December and $404/cbm in January 2008, the trade ministry said.

Brazil is the world’s top exporter of ethanol and the second-largest producer of the biofuel, after the US.

Brazil exported 5.1bn litres of ethanol in 2008, a 50% increase from 3.4bn litres in the previous year, according to the foreign trade ministry.

($1 = €0.78)

For more on ethanol visit ICIS chemical intelligence
Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels

By: William Lemos
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly