Grace Fan

Senior Analyst

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Recent Brazil research

* Brazil: The war ahead, Grace Fan, Elizabeth Johnson, 17 Mar 2017
* Brazil: Tremors ahead of Janot’s new list, Grace Fan, Elizabeth Johnson, 10 Mar 2017
* Brazil: Infrastructure agenda gains traction, Grace Fan, Elizabeth Johnson, 23 Feb 2017
* Brazil: Consumer recovery still on hold, Elizabeth Johnson, Grace Fan, 16 Feb 2017
* Brazil: Temer nominates close ally as Supreme Court justice, Elizabeth Johnson, Grace Fan, 9 Feb 2017

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


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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