Brazil's ethanol imports from US notch record high in 2011

Platts.com
Houston (Platts)--11Jan2012/1007 pm EST/307 GMT

Brazil imported a record high 1.1 billion liters of ethanol from the US in 2011, compared with 74.084 million liters in 2010, according to official Brazilian government data released Wednesday.

The data showed that 96.7% of Brazilian imports originated from the US. In December, monthly imports also hit an historical high of 279.71 million liters, up from 152.2 million liters in the previous month.

Lower ethanol production in the country's 2011/2012 sugarcane harvest season forced Brazil to import the commodity. As a consequence, ethanol exports were down 54.7% to 1.96 billion liters.
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