The volume of hydrated ethanol traded and captured by the Center for Advanced Studies in Applied Economics (Cepea), from Esalq-USP, in the state of São Paulo grew by a significant 28.4% last week compared to the previous one. According to researchers from Cepea, the distributors were more active in the market. In addition, the increase in demand happens in a scenario of restricted supply, due to the production of ethanol from the 2021/22 harvest still being slow, which ended up raising the prices of hydrate for the third consecutive week. Thus, from April 12 to 16, the Cepea / Esalq Indicator for hydrated ethanol was R $ 2.5852 per liter, an increase of 8.5% in relation to the previous one. In the accumulated of the last three weeks, the hydrated ethanol valorization reaches 15.6%. In turn, the value of anhydrous rose 9.71%, from R $ 2.6367 to R $ 2.8926 per liter, on average. This is also the third week of high for fuel.
Sources: CEPEA/Nova Cana