Friday, April 30, 2010
Source: Dow Jones Commodities News Select via Comtex and EINNews
SAO PAULO — Brazil will increase the blend of anhydrous ethanol in gasoline to 25% from 20%, the Agriculture Ministry announced late Thursday.
The decision will take effect from May 2.
In January, the government reduced temporarily the blend of anhydrous ethanol in gasoline to avoid any shortages ahead of the next sugarcane harvest.
Brazil is the world's No. 2 ethanol producer and the No. 1 ethanol exporter.
