YPFB fails to purchase 15 million litres of ethanol

In the second half of March, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) stopped acquiring 15 to 20 million litres of anhydrous alcohol committed to the mills, a situation that is causing severe economic damage to the sugarcane sector. At the beginning of the year, YPFB and the mills signed an addendum for three months to extend the contract to buy anhydrous alcohol for 2019, whose purchase volume had not even reached 50% of the 150 million litres committed.

Source: Los Tiempos