Ethanol price drops in 16 states and DF in the week, says ANP

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Average prices for hydrous ethanol fell in 16 states and the Federal District this week, according to a survey by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) compiled by AE-Taxas.

The price went up in ten other states. At the stations surveyed by the ANP across the country, the average price of ethanol dropped 2.17% in the week compared to the previous week, from R$5.441 to R$5.323 per liter.

In São Paulo, the main producer and consumer state with more stations evaluated, the average price dropped 2.75% in the week, reaching R$ 5.049 per liter.

The Federal District was the federation unit with the biggest drop in the week, 3.17%, at R$ 6.146/liter.

The minimum price recorded in the week for ethanol at a service station was R$ 4.29 a liter, in São Paulo, and the lowest state average price, of R$ 4.883, was registered in Mato Grosso.

The maximum price, R$ 7,890 per liter, was verified at a gas station in Rio Grande do Sul. The highest state average price, R$ 6.623, was also observed in Rio Grande do Sul.

In the monthly comparison, the average price of biofuel in the country rose 6.16%. The state with the highest increase in the period was Alagoas, with 10.35% of monthly appreciation of ethanol, to R$ 5,746.

Competitiveness

Ethanol regained price competitiveness against gasoline in the states of Goiás and Mato Grosso after a few weeks when fossil fuel was more advantageous in all Federation Units, according to ANP survey compiled by AE-Taxas.

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 Goiás, the parity was 68.46% and in Mato Grosso, 69.14%.

In the average of the stations surveyed in the country, ethanol has a parity of 72.94% compared to gasoline, therefore less favorable than the petroleum derivative, although the difference has fallen compared to the previous week.

In São Paulo, parity continues to approach 70%, but is still above that level, at 72.73%.

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

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