Ethanol rises in 17 states; national average increases 0.77% and exceeds R$ 5 a liter

The average prices of hydrous ethanol rose in 17 states this week, according to a survey by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) compiled by AE-Taxas.

The price fell in 8 other states and the Federal District, and remained stable in Amapá. At the stations surveyed by the ANP across the country, the average price of ethanol rose 0.48% in the week compared to the previous week, from R$4,990 to R$5,014 per liter.

In São Paulo, the main producer and consumer state with the most stations evaluated, the average price of hydrous ethanol was R$ 4.756 per liter, up 0.83% compared to the previous week.

The minimum price recorded in the week for ethanol at a gas station was R$4,099 a liter, in São Paulo, and the lowest state average price, of R$4,756, was also registered in São Paulo.

The maximum price, R$ 7,899 per liter, was verified at a gas station in Rio Grande do Sul. The highest state average price, R$ 6,450, was observed in Amapá.

In the monthly comparison, the average price of biofuel in the country rose 8.65%. The state with the highest increase in the period was Mato Grosso, with 16.67% of monthly appreciation of ethanol, to R$ 4,920.

In the weekly calculation, the highest percentage increase in price, of 2.13%, was observed in Sergipe.

Competitiveness

The survey showed that ethanol again had more competitive prices than gasoline in three states this week – Goiás, Minas Gerais and São Paulo.

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 the week, the parity was 66.97% in Goiás, 68.62% in Minas Gerais and 69.27% ​​in São Paulo.

In the average of the stations surveyed in the country, ethanol has a parity of 69.72% compared to gasoline, therefore more favorable than the petroleum derivative.

In Mato Grosso, after a 2.81% drop in price this week, biofuel is getting closer to competitiveness – according to the ANP, the parity stood at 70.16%.

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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