International Sugar Journal

World ethanol trade to contract for first time in years [Full subscriber]

Abstract United States and Brazil dominate both the global production and exports of ethanol. Though Brazil is a bit-part player in exports as it is also the major importer, importing from USA. The rest of the countries/regions producing ethanol lag behind significantly in production and exports/imports. Trade wars (e.g. US-China) and protectionist measures may serve to impose a marginal restraint on ethanol trade. Recent rebel drone strike against two oil installations in Saudi Arabia which has cut its crude oil output by 50% and resulted in global oil price increasing by 20% may be a significant driver in ethanol production…

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