Brazil ethanol sales beat petrol
Brazil’s ethanol sales for 2008 are accelerating past petrol sales for the first time, the National Petroleum Agency reports.
The figures take into account sales of hydrated ethanol that can be used in its pure form in most cars in Brazil, and not anhydrous ethanol that is used just to blend with petrol, the agency says.
Sales of hydrated ethanol through October reached 15.8 billion litres, up 44.9% from a year earlier.
Brazil is the leading exporter of ethanol from sugarcane, and the world’s number two producer after the US, which uses corn as its base feedstock.
Approximately 90% of cars sold in Brazil's market can be run on either ethanol, petrol or a mix of both in any proportion.
In the country ethanol costs about $0.63 (€0.45) a litre compared to $1.07 for a litre of petrol.
The figures take into account sales of hydrated ethanol that can be used in its pure form in most cars in Brazil, and not anhydrous ethanol that is used just to blend with petrol, the agency says.
Sales of hydrated ethanol through October reached 15.8 billion litres, up 44.9% from a year earlier.
Brazil is the leading exporter of ethanol from sugarcane, and the world’s number two producer after the US, which uses corn as its base feedstock.
Approximately 90% of cars sold in Brazil's market can be run on either ethanol, petrol or a mix of both in any proportion.
In the country ethanol costs about $0.63 (€0.45) a litre compared to $1.07 for a litre of petrol.
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