date:Jun 11, 2015
ce the 2008-09 season, said Antonio de Padua Rodrigues, the Unica technical director.
Ethanol output, by contrast, at 1.74bn litres was up 8.5% year on year.
Ethanol vs sugar
The favouritism for ethanol reflects the relative value of the biofuel compared with the sweetener, for which New York futures prices are at among their lowest in six years.
Demand for ethanol, which is a major road fuel in Brazil, remains high.
The importance of the domestic ethanol market is demonstrated by the relat