According to the latest Ticket Log Price Index (IPTL), the average price of ethanol surpassed R$5.00 at the beginning of June, after an increase of 3.77% compared to the end of May. The fuel was sold at R$5,004 at service stations, while the average price of gasoline is R$5.853, an increase of 0.95%. “The increase in ethanol prices is significant. No fuel in Brazil was found with an average price above R$ 5.00 in January, said Douglas Pina, Head of Urban Market at Edenred Brasil. Two Brazilian regions still register average prices below R$ 5.00 for ethanol. The value per liter in the Center-West region is the lowest, at R$ 4,546. The region also had the smallest increase in price (0.35%) compared to the end of May. In the Southeast region, the fuel was found at R$ 4.861. The most expensive ethanol was found in the Northeast Region, at R$ 5,133, also with the highest price increase (4.93%).
Sources: Ticket Log/Notícias Agrícolas (*Translated by Ia Niani)