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Green Plains Inc. Message Board

  • elahens elahens Apr 21, 2013 11:07 AM Flag

    Increase in Ethanol imports ( if any ) less likely

    Brazil, as of May 1st, will increase ethanolmix from20 to 25% AND is also now considering lowering a tax on the fuel. This will make it even more lively the FLEX cars will take more ethanol.

    Reusters report:
    "... Itau BBA said domestic demand growth for ethanol would match
    the additional supply this season, which is expected to rise by
    4.6 billion liters from a year ago, and make growth in exports
    of the biofuel difficult. "

 
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