Average prices for hydrous ethanol fell in the 26 states and the Federal District last week, according to a survey by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) compiled by AE-Taxas.
At the stations surveyed by the ANP across the country, the average price of ethanol dropped 2.43% in the week compared to the previous week, from R$4,520 to R$4,410 per liter.
In São Paulo, the main producer and consumer state with more stations evaluated, the average price dropped 2.14%, from R$ 4,210 to R$ 4,120 per liter.
Roraima was the unit of the Federation with the highest percentage decline in prices in the week, 9.80%, from R$ 6,120 to R$ 5,520 a liter.
The minimum price registered during the week for ethanol at a gas station was R$ 3,390 per liter, in Minas Gerais. The maximum price in the week was registered in Rio Grande do Sul, at R$ 7,890 a liter.
The lowest state average price was observed in Mato Grosso, at R$ 3.91 per liter, while the highest state average price was observed in Amapá, at R$ 6.01.
In the monthly comparison, the average price of biofuel in the country fell 11.84%. The state with the highest percentage drop in the period was Mato Grosso, with 19.73% of monthly ethanol devaluation.
Competitiveness
Ethanol remained more competitive than gasoline in just two states last week: Mato Grosso and São Paulo. This is what the ANP survey compiled by AE-Taxas shows.
The criteria consider that ethanol from sugarcane or corn, due to its lower calorific value, has a price limit of 70% of the petroleum derivative at service stations to be considered advantageous.
In Mato Grosso, the parity is 64.63%, while in São Paulo it reaches 69.95%. In the average of the stations surveyed in the country, ethanol has a parity of 72.65% compared to gasoline, therefore less favorable than the petroleum derivative.
Industry executives claim that ethanol can be competitive with parity greater than 70%, depending on the vehicle in which the biofuel is used.
Source: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
