02 February 2009 20:19 [Source: ICIS news]
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
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|