Grace Fan

Senior Analyst

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Recent Brazil research

* Brazil: Key indicators to watch in 2018, Elizabeth Johnson, Grace Fan, 14 Dec 2017
* Brazil: Key indicators to watch in 2018, Elizabeth Johnson, Grace Fan, 14 Dec 2017
* Brazil: Keeping the flame alive, Grace Fan, Elizabeth Johnson, 7 Dec 2017
* Brazil: Down to the wire, Grace Fan, Elizabeth Johnson, 30 Nov 2017
* Brazil: The rise of the Right, Grace Fan, Elizabeth Johnson, 22 Nov 2017

See all our Brazil research >>

Ethanol: Longer-term outlook brightens despite a temporary drop in blend

Overview

Soaring ethanol prices at the end of Brazil’s main centre-south sugarcane harvest prompted the government to announce on 11 January a temporary reduction in the ethanol mix from 25 to 20 per cent in all gasoline for 90 days starting 1 February. Despite mixed market reaction to this government intervention, the move should ultimately have marginal impact on the balance sheets of Brazil’s top ethanol and sugar companies since producers can easily convert additional stocks of anhydrous...

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