Brazil Ethanol Sales May Drop As US Begins Exports
October 8th, 2006Brazil’s 2007-08 ethanol exports could slip to 2.5 billion liters, down about 20% from an estimated 3.1 billion liters this season, as the U.S. begins to sell ethanol abroad next year due to excess stocks, the president of sugar consultancy Datagro said Friday.
This year, the U.S. has been Brazil’s principal buyer of ethanol, in large [...]