Brazil: Biofuels Annual
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27). Resolution # 92 from September 2015, from the Ministry of Development, Industry and Commerce (MDIC)/Chamber of Foreign Trade (CAMEX) extended the zero import tariff for ethanol through December 31, 2021.In March 2016, President Dilma Rousseff sanctioned law #13,263/2016, which increased the biodiesel-use mandate from seven percent (B7) to ten percent (B10) in 2019, as follows: eight percent (B8) in March 2017; nine percent (B9) in March 2018 and ten percent (B10) in March 2019. Total ethanol production for 2016 is estimated at 30.372 billion liters, similar to revised figure for 2015 (30.385 billion liters).Total ethanol exports for 2017 are forecast at 1.4 million liters, similar to 2016 (1.4 million).