The price of hydrous ethanol in the mills increased 7.09% between February 11th and 15th, paying for the first time more than anhydrous ethanol in the current crop, reported this week the Luiz de Queiroz School of Agriculture (Esalq / USP). According to indicators of the institution’s Center for Advanced Studies in Applied Economics (Cepea), the non-taxed value of hydrated ethanol closed the week at 1.6921 reais per liter, while anhydrous registered 1.7586 reais a liter, 3.59% from the previous week. The research center says that this was the first time since the end of March 2018, even during the 2017/18 harvest, that hydrated ethanol exceeded anhydrous in terms of compensation – in the week analyzed, the advantage was 2%. If ethanol prices have risen at the plant, the value of Petrobras’ gasoline at refineries is also advancing. Petrobras will increase the average price of its gasoline by 2.5% to 1.5970 reais per liter, the highest level in almost two months.
Source: Nova Cana