16 September 2011 19:30 [Source: ICIS news]
HOUSTON (ICIS)--Ethanol shipments from Brazil totalled 138,527 tonnes in August, an 8% decline from 150,366 tonnes in the same month of 2010, according to data released by the Williams Shipping Agency on Friday.
Ethanol production in Brazil has fallen by more than 18% this year because of a weather-related dropoff in sugarcane production, according to the industry group Unica. The US had been the main importer of Brazilian ethanol in recent years, but that relationship changed in 2011.
Brazil began importing ethanol earlier this year to avoid a potential shortage of anhydrous ethanol, which Brazil blends in gasoline at a mandated 25%. Brazil-based energy producer Petrobras has left open the option of importing more ethanol in order to avoid a local shortfall.
Six ships carried 76% of ethanol loads out of Brazil in August, with the largest – 24,480 tonnes – going to Los Angeles on the Chembulk Lindy Alice.
Another shipment of 14,549 tonnes went to Florida on the Nave Polares. The other four ships went to the US, Puerto Rico, Trinidad and Tobago, South Korea and within Brazil.
Only two Brazilian ports shipped ethanol in August, Santos and Paranagua, which also were the only two ports that exported in August 2010.
Ethanol shipments out of Santos – Latin America's largest port – rose by 4% during August 2011 to 106,899 tonnes, compared with 102,706 tonnes in August 2010, according to the Williams data.
Shipments from Paranagua declined by about 34% to 31,628 tonnes in August, compared with 47,660 tonnes in the same month of 2010.
Santos accounted for 77% of all ethanol shipped from Brazil in August and 68% in the same month last year.
Williams is one of the largest shipping agencies in Brazil.
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