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Argentinian ethanol sales in February rose 25% on the year to 84.87 million liters, which was
down 6% from January, data from the ministry of energy and mines showed.
Although total sales in February were lower than January, daily average was higher at 3.03
million liters, the data showed.
Among provinces, Cordoba accounted for 35% of the demand, while Tucuman accounted for
28%. Salta came third with 11%, followed by Jujuy with 10%, and San Luis with 9%. Santa Fe
province had the lowest share at 6%.
Total consumption in February represented 11.81% of ethanol mixed into gasoline, which
consumption reached 718.33 million liters, down 11% from the previous month and down 2%
year on year, the data showed. That compared with 11.29% of ethanol blended the month
before and 9.29% a year ago.
Ethanol production in February amounted to nearly 80.1 million liters, up 23% year on year,
but down 5% from the previous month.
Ethanol from the feedstock corn accounted for 56% of the total, or 44.5 million liters. The
balance was ethanol from sugarcane.
In April last year,the government increased the mandatory blend to 12% from 10% previously,
with the additional supply coming from sugarcane ethanol, which boosted its production last
year.
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