Brazil may lose ethanol export dominance to US

In Brazil, Czarnikow said in its monthly Biofuels Review that a combination of tighter availability and increasing self-sufficiency around the world has resulted in Brazilian ethanol exports falling by 50% from the previous year, and noted that US demand has fallen short of output leading to an exportable surplus.

Weaknesses in the corn market have also contributed to depressed ethanol values, increasing the US’s competitiveness on the global ethanol market, according to the Czarnikow Group’s research team.

source: czarnikow