According to Datagro, São Paulo consumed 847 million liters of hydrous ethanol in November 2024, the highest volume since 2020 and a 6.9% rise from 2023. Consumption was 9.391 billion liters from January to November, a 27% increase over the same period in 2023; use of gasoline C dropped 12.3% to reach 701 million liters in November. Ethanol’s share of the Otto cycle market reached 60.45% this month, the highest rate of the year, compared to 56.9% in 2023. Ethanol’s competitiveness increased with a revision in the ICMS calculation in June 2023, with price parity between ethanol and gasoline falling to 59.2% in January 2024. This scenario increased ethanol consumption to levels comparable to those seen between 2018 and 2020, a period of high competitiveness and record biofuel use.
Source: Jornal Cana (*Translated by Ia Niani)
SÃO PAULO ACHIEVES MAJOR MILESTONE: OVER 60% OF GASOLINE REPLACED WITH ETHANOL IN NOVEMBER 2024
Published On - 30 de January de 2025