Ethanol prices to the producer in SP soar in reaction to the readjustment of gasoline and inventories

The prices of ethanol to the producer in São Paulo are increasing as the revisions to Petrobras' gasoline started to be passed on to the consumer. Last Thursday (25), the price of hydrated ethanol rose to R$ 2.6561 / liter, accumulating a weekly increase of 10.3%, according to data from the DATAGRO Price Survey. Although there are still uncertainties about Petrobras' new pricing policy amid expectations of tightening of final ethanol stocks. Sales of the product at plants in the Center-South of Brazil to the domestic market also jumped more than 4 percentage points in the comparison between the first half of February and the same period in 2020. Access all the information in the DATAGRO VIP Report through the link : http://portal.datagro.com/en/sugar-etanol/2/analysis/view/316184/precos-do-etanol-ao-produtor-em-spaulo-disparam-em-reacao-ao-reajuste-da- gasoline-and-inventory

 

This text was translated by machine from Brazilian Portuguese.