Importing Ethanol from Brazil
ethanol import tariff isn't likely to be lifted in coming days, but they add that
financing, either to build new sugarcane mills, resolve perennial logistical bottlenecks, or compile strategic ethanol stocks.
"If the U.S. provided financing for about 2 billion liters for strategic ethanol stocks, at a cost of $1 billion, it could be interesting," said Bioagencia's Rodrigues. "Think about how much the U.S. spends to finance its Strategic Petroleum Reserve. This is just a tiny fraction of that amount – and would help stabilize world ethanol prices."
- which isn't a friend – when they could buy more ethanol from us?" said Luis Gustavo Junqueira Figueiredo, a trader at Sao Paulo-based Alta Mogiana mill.
is the world's top ethanol producer, it was also the overwhelming buyer of Brazilian ethanol in 2006, snapping up roughly two-thirds of the record 3.4 billion liters of ethanol that
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