The 2018/2019 season was conditioned to almost 1% for ethanol anhydrous and hydrated in the plants in relation to the previous crop. This is stated by the Center for Advanced Studies in Applied Economics (Cepea). In reais, in 2018, the reference for anhydrous, based on the State of São Paulo, may be 0.96%. Finally, there is no more than 2018, which means an average registration of R $ 1,666 per liter paid to the mills. The figure was 1.42% higher than that recorded in Portuguese last year. Meanwhile, ethanol returned 0.5% in the same comparison, with the Cepea indicator registering an average of R $ 1.8269 a liter in the available market. “In December, the most intensive discussions were the last weeks of the month, according to Cepea, in order to become necessary for year-end demand,” says the researcher. In the sugar market, the first days of January were of few businesses, highlighting the market agents still in collective recess, informs Cepea, also in a note. “Despite the low sales volume, companies have sustained the values of supply,” says the researchers. In 3 days of payment of indicator of the institution, between January 2nd and 4st, upstream of 0.06%. Last week, the average value was of $ 68.33 a bag of 50 pounds of crystal.
Source: Revista Globo Rural