Brazil Look To Benefit From US Renewable Fuel Standard Mandates

US rules on ethanol usage will favour Brazilian cane sugar producers and could lead to a surge in imports in the coming years, according to a research note from Rabobank International. However, if Brazilian imports do surge, US legislators will likely act to change the rules, the analysts warned. The 2010 update of the US Renewable Fuels Standard (RFS2) mandates that a steadily rising quantity of renewable fuels be used in transportation, with particular emphasis on expanding ‘advanced’ biofuels, such as cellulosic ethanol and other…

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