Brazil Importing U.S.-Made Ethanol for Second Time This Year
This article is for subscribers only.
Brazil, the world’s second-largest ethanol producer, is importing the biofuel from the U.S. for the second time this year as most mills shut for the season at the end of the sugar-cane harvest.
Copersucar SA, a sugar and ethanol trading company based in Sao Paulo, is importing 45.7 million liters (12.1 million gallons) of U.S. ethanol, according to Tiago Cardoso, an analyst at Recife, Brazil-based shipping agency Williams Servicos Maritimos, which is handling the cargo.