Uncertainty surrounding the changes to ethanol content in Brazilian gasoline could mean naphtha imports from Europe could increase by upto 100,000 tons/month, as per Platts. The Brazilian government iis currently discussing the possibility of cutting the ethanol blend in gasoline to 18% from 25%, resulting from lower supplies of biofuels and poor production rates.
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Friday, July 15, 2011
Rise of 100,000 tons/month expected in Brazil's European naphtha imports
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