Ethanol prices remain firm in São Paulo, shows a survey by DATAGRO



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Anhydrous ethanol in São Paulo registered a slight increase of 0.6% last week; hydrous increased 3.5% in the same period, shows a DATAGRO survey released this Monday (4).

Ethanol prices remain firm in SP due to the recovery in domestic demand for hydrous.

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However, there is an expectation of a review in Petrobras prices and more imports in the short term, which could put downward pressure on the market.

On March 11, the price of gasoline in Paulínia (SP) was quoted at R$ 3.8957/liter. According to DATAGRO's estimate, the value of fuel at the refinery was 0.96% above import parity on average for the week.

Source:
 DATA


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