Brazil’s Ethanol Imports Seen Doubling by USJ on Local Pickup
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Brazil ethanol imports, mainly from the U.S., probably will almost double this season as consumption grows for the first time in four years, according to Grupo USJ.
Latin America’s largest economy is expected to import about 1 billion liters (263.9 million gallons) in the crop year started April 1 to meet rising local consumption, said Narciso Bertholdi, a director at USJ, which is a partner of Cargill Inc. in two sugar and ethanol ventures in Brazil.