The Sao Paulo Sugarcane Industry Association, or Unica, said that it will some time this week (no meeting date had been reported) to discuss potentially increasing the ethanol output from the current 2006-07 sugarcane crop.

 
Unica president Eduardo Carvalho told Dow Jones Newswires that Brazil, the world’s leading sugar and sugarcane ethanol producer, is expected to crush roughly 50% of the cane for sugar and another 50% for ethanol, but low sugar prices and high ethanol demand could see the ethanol mix increase.

 
Carvalho said Unica associates, which are the top executives at Brazil’s main sugar and ethanol mills, would also discuss presenting the government another proposal to raise the ethanol content mix in gasoline from current levels of 23%.  He did not say what the new number could be, but the sector has asked for a 25% mix in the past.

This entry was posted on Tuesday, April 24th, 2007 at 12:45 pm and is filed under Ethanol, News, Brazil, Sugarcane. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.