Brazil July ethanol exports drop 19% to 487m litres

03 August 2009 23:13  [Source: ICIS news]

HOUSTON (ICIS news)--Brazilian ethanol exports in July fell by 19% from a year earlier to 487m litres (129m gal), Brazil’s foreign trade ministry said on Monday.

However, exports of the biofuel in July were up by 16% from 420m litres in June, the government said.

Ethanol exports averaged $359/m³ (€251/m³) in July. That compares with $355/m³ in June and $466/m³ in July 2008, the foreign trade ministry said.

Brazil in exported 1.93bn litres of ethanol from January through July, a 25% decrease from 2.57bn litres in the same months of 2008, according to the government.

($1 = €0.70)

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By: William Lemos
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