India and Brazil agreed to work together for bioenergy

India andBrazil have agreed to work towards developing an Indian-Brazil Alliance for Bioenergy and Biofuels along with the establishment of a virtual India-Brazil Centre of Excellence on Ethanol. Both countries have also agreed on a concerted effort to position sustainable bioenergy and biofuels as integral parts of the global energy transition, especially for transport, industry,

Brazil cuts biodiesel mandate for rest of 2022

Brazilian has signed into law a measure to reduce the country’s mandatory biodiesel content in diesel to 10% for this year – a setback for biofuels and oilseeds producers. Brazil was supposed to adopt a 14% biofuel mix in diesel from March, but its National Energy Policy Council (CNPE) decided to keep a 10% content

Brazilian ethanol price drivers to remain volatile in 2022

Sugar’s strong price premium over ethanol, volatility in the Brazilian real/US dollar exchange rate, and unknown changes in the Petrobras ex-refinery gasoline price will remain key drivers for Center-South ethanol prices in 2022. Sugar premium over ethanol “Although the 2022-23 crop should witness a slightly higher sugar mix at 46.2 per cent compared to 45.2

Ethanol industry mission offers fuel market support in Brazil

A delegation from the U.S. ethanol industry recently met with Brazilian government and private sector officials to learn more about the current dynamics of the Brazilian fuel market and its ethanol production and to offer support for the country’s effort to reduce the impact of high fuel prices on consumers. During the week of Oct.

Brazil tops importers of US LNG cargoes in October

Brazil was No. 1 buyer of US LNG for the third month in a row in October amid severe drought that has drained its hydroelectric resources, while Spain was a close second as pipeline gas supplies faced constraints, S&P Global Platts Analytics data showed. Power data from Brazil’s National Electric System operator showed that hydro