Asian industrial ethanol import prices may rise in 2022

Asian industrial and beverage grade ethanol import prices may rise in 2022 as key exporter Brazil sees higher domestic prices and strong sugar valuations. Brazilian hydrous ethanol values, FOB Santos, closed at $612/cu m on Dec. 23, higher than $416/cu m on Jan. 4, S&P Global Platts data showed. Ethanol prices have been climbing toward

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