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Safra de cana-de-açúcar 2023-24 é a maior da história

  • Spanish Market: Agriculture, Biofuels
  • 12/04/24

A safra de cana-de-açúcar do Centro-Sul de 2023-24 foi encerrada com a maior produção de etanol desde 2019-20 e a moagem mais elevada da história.

As usinas da região entregaram 33,59 milhões de m³ de etanol ao mercado na temporada — de 1 de abril de 2023 a 31 de março de 2024 —, alta de 16pc em relação aos 28,92 milhões de m³ no ciclo anterior e de 1pc em comparação ao recorde prévio, segundo dados da União da Indústria de Cana-de-Açúcar (Unica).

A produção de etanol hidratado cresceu 23pc na base anual, para 20,49 milhões de m³. Já a de anidro subiu 6,6pc, para 13,1 milhões de m³, ultrapassando o recorde anterior, registrado na safra 2022-23.

O processamento de etanol à base de milho para todo o período avançou 41pc na variação anual, para 6,29 milhões de m³. Isto representa cerca de 19pc do volume total de biocombustível produzido na região.

O mix de produção para a temporada ficou em 51pc para o etanol e 49pc para o açúcar, ante 54pc para o biocombustível e 46pc para o adoçante em 2022-23.

As usinas do Centro-Sul moeram 654,4 milhões de toneladas (t) de cana-de-açúcar no ciclo, um recorde no país. Na safra anterior, foram processadas 548,6 milhões de t.

Produtores venderam 32,7 milhões de m³ de etanol no período, salto de 12pc em relação à temporada anterior. No mercado doméstico, as vendas de hidratado subiram 20pc, para 18,6 milhões de m³, enquanto as de anidro subiram 5,7pc, para 11,67 milhões de m³.

Já as exportações recuaram 4,7pc, para 2,48 milhões de m³. A Coreia do Sul foi a maior compradora, com 33pc dos embarques, seguida por Estados Unidos e Holanda, com 18pc e 16pc, respectivamente.

A paridade favorável para o hidratado frente à gasolina na bomba impulsionou o consumo do biocombustível no período. A média da paridade para a safra ficou em 65pc, segundo dados da Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP).

Para 2024-25, a Unica espera que 230 unidades produtoras de etanol estejam operando até o fim de abril, ante 212 no mesmo período do ano passado.

Segunda metade de março

A produção de etanol no Centro-Sul cresceu 37pc, para 528.000m³ na segunda metade de março em comparação ao ano anterior.

A produção de hidratado atingiu 429.000m³, alta de 92pc, enquanto a de anidro caiu 38pc, para 99.000m³.

O mix de produção para a quinzena ficou em 66,5pc para o etanol e 33,5pc para o açúcar, frente a 64pc para o biocombustível e 36pc para o adoçante na segunda parte do mês em 2023. Enquanto isso, a moagem de cana-de-açúcar avançou 6,5pc, para 5 milhões de t.

Produtores venderam 1,8 milhão de m³ de hidratado no mercado doméstico, elevação em relação a 1,1 milhão de m³ no mesmo período do ano passado. As vendas de anidro totalizaram 937.000m³, ante 928.000m³. Já as exportações somaram 247.900m³, acima dos 244.400m³ de março de 2023.


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21/04/25

IMO incentive to shape bio-bunker choices: Correction

IMO incentive to shape bio-bunker choices: Correction

Corrects B30 pricing in paragraph 5. New York, 21 April (Argus) — An International Maritime Organization (IMO) proposal for ship owners who exceed emissions reduction targets to earn surplus credits will play a key role in biofuel bunkering options going forward. The price of these credits will help determine whether B30 or B100 becomes the preferred bio-bunker fuel for vessels not powered by LNG or methanol. It will also influence whether biofuel adoption is accelerated or delayed beyond 2032. At the conclusion of its meeting earlier this month the IMO proposed a dual-incentive mechanism to curb marine GHG emissions starting in 2028. The system combines penalties for non-compliance with financial incentives for over-compliance, aiming to shift ship owner behavior through both "stick" and "carrot" measures. As the "carrot", ship owners whose emissions fall below the IMO's stricter compliance target will receive surplus credits, which can be traded on the open market. The "stick" will introduce a two-tier penalty system. If emissions fall between the base and direct GHG emissions tiers, vessel operators will pay a fixed penalty of $100/t CO2-equivalent. Ship owners whose emissions exceed the looser, tier 2, base target will incur a penalty of $380/t CO2e. Both tiers tighten annually through 2035. The overcompliance credits will be traded on the open market. It is unlikely that they will exceed the cost of the tier 2 penalty of $380/t CO2e. Argus modeled two surplus credit price scenarios — $70/t and $250/t CO2e — to assess their impact on bunker fuel economics. Assessments from 10-17 April showed Singapore very low-sulphur fuel oil (VLSFO) at $481/t, Singapore B30 at $740/t, and Chinese used cooking oil methyl ester (Ucome), or B100, at $1,143/t (see charts). If the outright prices remain flat, in both scenarios, VLSFO would incur tier 1 and tier 2 penalties, raising its effective cost to around $563/t in 2028. B30 in both scenarios would receive credits putting its price at $653/t and $715/t respectively. In the high surplus credit scenario, B100 would earn roughly $580/t in credits, bringing its net cost to about $563/t, on par with VLSFO, and more competitive than B30. In the low surplus credit scenario, B100 would earn just $162/t in credits, lowering its cost to approximately $980/t, well above VLSFO. At these spot prices, and $250/t CO2e surplus credit, B100 would remain the cheapest fuel option through 2035. At $70/t CO2e surplus credit, B30 becomes cost-competitive with VLSFO only after 2032. Ultimately, the market value of IMO over-compliance credits will be a major factor in determining the timing and extent of global biofuel adoption in the marine sector. By Stefka Wechsler Scenario 1, $70/t surplus credit $/t Scenario 2, $250/t surplus credit $/t Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Washington seeks input on GHG market changes


21/04/25
21/04/25

Washington seeks input on GHG market changes

Houston, 21 April (Argus) — Washington regulators are moving forward with a slew of potential changes to the state's "cap-and-invest" program through a pair of draft rules, despite ongoing uncertainty around new program mechanics under discussion in the California-Quebec carbon market. The Department of Ecology opened public comment for the two draft rules on 16 April for the revised carbon market linkage rulemaking it kicked off in March . The draft language builds on changes required by SB 6058 , which lawmakers passed last year at the request of Ecology, to smooth out any incompatibility between the state's program and the larger California-Quebec market, known as the Western Climate Initiative (WCI). In line with legislation, the agency is proposing to shift the program's greenhouse gas (GHG) emissions exemption for biomass-derived fuels to 35pc lower lifecycle emissions — down from 40pc — than the comparable petroleum fuels, allow the use of another jurisdiction's carbon offsets issued after July 2019 for compliance, and lower the allowance holding limits for general participants in a linked market. Ecology is proposing other changes required by the law, such as accounting for emissions from imported electricity. Changes Ecology is proposing that are not required by SB 6058 include accounting for the combined total allowances between all three jurisdictions in the program's holding limit formulas and adding quarterly future vintage allowance auctions in line with the WCI. Ecology began pursuit of linking with the WCI in 2023 , the first year of the Washington's program. While the agency continues to move forward on linkage-related due diligence required by state law, some program changes needed to join the WCI market, such as aligning program compliance periods and corporate affiliation group disclosures, must wait for guidance from California and Quebec. Ongoing work by the current WCI members to update their respective regulations has run into a series of delays . One potential change California Air Resources Board staff floated in April 2024 is aligning the end of each compliance cycle with the program's emissions reduction targets in 2030, 2035, 2040 and 2045, rather than the current three-year compliance cycle. But the agency has largely been silent on the issue since, including in its most recent market notice on planned changes in October 2024. Washington's "cap-and-invest" program aims to cut GHG emissions by 45pc by 2030, compared with 1990 levels, and to achieve net-zero emissions by 2050. The program covers industrial facilities, natural gas suppliers, power plants and other fuel suppliers with GHG emissions of at least 25,000 t/yr. Ecology is requesting public comment on the draft language through 16 May. By Denise Cathey Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Japan’s Revo launches SAF, biodiesel plant in Aichi


21/04/25
21/04/25

Japan’s Revo launches SAF, biodiesel plant in Aichi

Tokyo, 21 April (Argus) — Japanese biodiesel producer Revo International has launched a plant in the Aichi prefecture, central Japan, to produce sustainable aviation fuel (SAF) and biodiesel. This is the company's first SAF plant but its second biodiesel plant, Revo said. The firm already has a biodiesel plant in Kyoto, western Japan. Revo held an opening ceremony at the Aichi plant on 18 April. The plant has a production capacity of 30,000 litres/d for biodiesel, and can process 600 l/d of used cooking oil (UCO) as feedstock to make SAF. The plant can produce SAF at low pressure and temperature, Revo's president Tetsuya Koshikawa said at the ceremony. This helps to save energy consumption during SAF production, which results in a lower production cost, the firm explains. Revo hopes to supply the produced SAF to planes at Chubu International Airport, near the Aichi plant. The company has applied for international certifications on SAF including the UN's Carbon Offsetting and Reduction Scheme for International Aviation (Corsia) and the American Society for Testing and Materials (ASTM) standards, and expects to be certified in the 2025 fiscal year starting from April. Revo also joined Japan's first large-scale domestic SAF production venture Saffaire Sky Energy, jointly funded by Japanese refiner Cosmo Oil, engineering firm JGC and Revo. Saffaire has a SAF plant at Cosmo's Sakai refinery, Osaka, and started delivering its SAF in this April. In the venture, Revo takes charge of collecting UCO as feedstock for SAF. The companies have announced the plans to start delivering Saffaire's SAF to domestic airlines Japan Airlines (JAL) and All Nippon Airways (ANA), the US' Delta Air Lines , Finnish airline Finnair and German logistics group DHL Express in the 2025 fiscal year. Cosmo group will also deliver Saffaire's SAF to Taiwanese airline Starlux Airlines in the 2025 fiscal year at Kobe airport, western Japan, Cosmo and JGC announced on 18 April. By Kohei Yamamoto Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

USDA overhauls 'climate-smart' agriculture program


17/04/25
17/04/25

USDA overhauls 'climate-smart' agriculture program

Houston, 17 April (Argus) — The US Department of Agriculture (USDA) has begun to overhaul a program that for three years incentivized "climate-smart" practices to reduce greenhouse gas (GHG) emissions through grants to farmers, ranchers and forest landowners. USDA has cancelled the Partnerships for Climate-Smart Commodities (PCSC), a program launched during former US president Joe Biden's administration, agency administrator Brooke Rollins said on Monday. Instead, the USDA has "reformed and overhauled" the program into the Advancing Markets for Producers (AMP) initiative. According to the USDA, most of the projects under the Biden-era program "had sky-high administration fees" that resulted in considerably less federal funding being provided to farmers. The agency said it will review and potentially allow some projects to continue if they show that producers are receiving at least 65pc of federal funds. "We continue to support farmers and encourage partners to ensure their projects are farmer focused or re-apply to continue work that is aligned with the priorities of this administration," the agency said. In addition, the USDA said it will review current projects based on whether recipients of PCSC grants had at least one enrolled producer and made a payment to at least one producer before the end of last year. Any expenses incurred under the PCSC before this week's announcement will be honored, the agency said. The PCSC, which the agency launched in February 2022, had the potential to increase supply in the voluntary carbon market. It was designed to help farmers, ranchers, and forest landowners use climate-smart practices such as those that help improve and maintain soil quality of forests, promote the use of cover crops, and encourage prescribed grazing. The program funded projects that created market opportunities for products produced through climate-smart practices and used cost-effective methods for tracking and verifying resulting reductions in GHG emissions. The Biden-era program initially had funding amounting to $1bn before more than tripling to $3.5bn a few months after its launch. But the USDA under US president Donald Trump appears to be downsizing that program, and it remains unclear how many projects will be permitted to continue. The move is part of a broader effort by the new administration to review, reconsider and potentially roll back federal climate policies. The US Environmental Protection Agency is reviewing more than 30 Biden-era emissions and water regulations. In addition, the president issued an executive order last week directing the Department of Justice to review and potentially challenge state and local climate policies, calling out California's cap-and-trade program as one potential target. By Ida Balakrishna Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Canada grants tariff relief to automakers


17/04/25
17/04/25

Canada grants tariff relief to automakers

Pittsburgh, 17 April (Argus) — The Canadian government will allow automakers to circumvent retaliatory tariffs to continue importing US-assembled vehicles if the companies keep making cars in Canada. Canada began taxing imports of US-made vehicles and parts on 9 April at a 25pc rate in response to a similar tariff the US had implemented. Canada's tariff on vehicle imports from the US will not apply to car companies that keep their Canadian plants running, the country's finance minister said this week. The measure attempts to prevent closures of auto plants and layoffs in the Canadian automotive sector that the US tariffs threaten to cause. Automaker Stellantis paused production at its Windsor, Ontario, assembly plant in early April to evaluate the US tariff on vehicle imports. The plant will re-open on 22 April, Stellantis said. General Motors also plans to reduce production of its electric delivery fan at its Ingersoll, Ontario plant. The slowdown will result in layoffs of 500 workers, the Unifor union said. The automotive industry in the US, Canada and Mexico has struggled to adapt its supply chains to the new tariffs because the US, Canada Mexico free trade agreement (USMCA) and its predecessor helped establish an interconnected North American auto sector. In another measure, companies in Canada will get a six-month reprieve from tariffs on imports from the US used in manufacturing, food and beverage packaging. The six-month relief also applies to items Canada imports from the US used in the health care, public safety and national security sectors. "We're giving Canadian companies and entities more time to adjust their supply chains and become less dependent on US suppliers," finance minister Francois-Philippe Champagne said in a statement. By James Marshall Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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