Anhydrous ethanol prices fell by more than 6 percent in the last week, on average at São Paulo plants, due to pressure from the entry of imported product into the State and the proximity of the new harvest, which leads many producers to sell stocks, the Center reported. of Advanced Studies in Applied Economics (Cepea) this Monday. For anhydrous, the Cepea/Esalq indicator closed at 1.7524 reais per liter, a drop of 6.2 percent compared to the previous week.
Hydrated ethanol prices also fell, falling 3 percent compared to the previous week, to 1.6661 reais per liter, according to the CEPEA/ESALQ Indicator. The drop in the price of hydrate reflects the more intense activity of plants active in the spot, seeking to liquidate stocks before the start of the 2017/18 season, indicated Cepea.
