BRAZIL DATA: Ethanol output surges to record high in May
Rio de Janeiro — Brazilian ethanol production hit the highest level ever recorded in May amid expectations for a record sugarcane harvest and biodiesel output rebounded from coronavirus-related lows, according to data released June 29 by the National Petroleum Agency, or ANP.
Sugar mills produced 8.46 billion liters of ethanol in May, more than double the 4.05 billion liters produced in May 2019, the ANP said. That was the highest output recorded by the ANP since its inception in 2000. May’s ethanol production also more than doubled the 3.87 billion liters produced in April, the ANP data showed. The jump was driven by the accelerating sugarcane crush, which got off to a bit of a late start because of poor weather and social-distancing measures implemented in mid-March.
By Jeff Fick via S&P Global Platts