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Brazil is expected to have record ethanol exports to Europe in 2022

Brazil is expected to set a record for ethanol exports to Europe this year, shipping more than 600 million liters of the biofuel, with the country finding a better market abroad than domestically, according to an analysis by S&P Global Commodity Insights provided to Reuters.

In addition, the price of E10 fuel (gasoline with 10% ethanol) compared to the higher price of gasoline at the pump has increased demand this year . . .

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