Brazil reduces ethanol exports to U.S.

06/14/2010 | (U.K.)

Brazil has reduced its shipments of cane-based ethanol to the U.S., as strong corn production in the U.S. lowered the price of corn-based ethanol. Miguel Jorge, the head of Brazil's Development, Industry and Trade Ministry, is pessimistic about the U.S. reducing its tariff on imported ethanol.

View Full Article in: (U.K.)

Published in Brief: