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North-Northeast Brazil's 2018-19 sugarcane season begins with expected emphasis on ethanol

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Listen: North-Northeast Brazil's 2018-19 sugarcane season begins with expected emphasis on ethanol

A unique season for the 2018-19 sugarcane crop in North-Northeast Brazil is starting to shape up, with producers expected to maximize ethanol production. And for the first time since 2010-11 producers are expected to focus on hydrous production, which is already is triggering higher anhydrous prices right at the peak of the crop and could open the arbitrage for more imports cargoes into the region.

How are prices reacting in Suape? Are there more imports already booked? Beatriz Pupo, senior biofuels analyst, and Nicolle Castro, pricing specialist, examine the state of the market.


The following Platts assessments were discussed in this podcast:

Ethanol Chicago IL Swap Mo01
$128.25/GAL
09/25/2018