05 March 2012 23:19 [Source: ICIS news]
HOUSTON (ICIS)--Ethanol shipments from Brazil rose by 3% in 2011, according to data released by the Williams Shipping Agency on Monday.
Despite a jump in Brazilian demand, ethanol exports totalled 1.23m tonnes in 2011, compared with 1.19m tonnes in 2010, the data showed.
Brazil imports soared last year as the South American country began importing corn-based ethanol from the US to keep up with demand and also replace lost sugarcane-based production from its centre-south region because of heavy rains there.
Ethanol shipments out of Santos – Latin America's largest port – rose by 10% during 2011 to 916,750 tonnes, compared with 831,396 tonnes during 2010, according to the Williams data.
Santos accounted for 75% of all ethanol shipped from Brazil in 2010 and 70% in 2009.
Ethanol shipments from Brazil's two other major ports, Paranagua and Maceio, declined by a combined 15% from the previous year.
Paranagua’s ethanol shipments fell by 43%, to 176,407 tonnes in 2011 compared with 306,966 in 2010. Shipments from Maceio more than doubled, to 127,019 tonnes from 51,537 tonnes in 2010.
Williams is one of the largest shipping agencies in Brazil.
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