Grace Fan

Senior Analyst

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
* Brazil: Waiting for Janot, Grace Fan, Elizabeth Johnson, 15 Jun 2017
* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
* Brazil: Electoral ‘trial of the century’ on track for quick ruling, Grace Fan, Elizabeth Johnson, 7 Jun 2017
* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 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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