On September 7 stocksmarket.The site reported about the exceed the export of oil in Brazil, since Brazil has experienced a great rise in the price of sugar.
Bad weather also hampered the planting of sugar cane in Brazil, further exacerbating his situation as the ethanol comes from sugar cane, and less attractive than the U.S.
Brazil only has managed to expand its production in the year by 2%, while the demand for ethanol in the year is 9%.
But is it that the U.S. will overtake Brazil, or is that Brazil will come out on top?
source:http://www.estadao.com.br/noticias/vidae,eua-podem-passar-+brasil-na-exportacao-de-etanol,640852,0.htm
By: Patrícia Lopes
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