Ethanol

Ethanol demand heats up and increases trading volume

T&B Petroleum/Press Office Cepea
22/09/2020 21:30
Ethanol demand heats up and increases trading volume Imagem: Divulgation Visualizações: 1215 (0) (0) (0) (0)

The greater mobility of the population has increased the demand for ethanol in the São Paulo spot market. In view of this, the volume of hydrate sold in São Paulo from September 14 to 18 and captured by Cepea grew by an expressive 166% compared to the previous week, being the highest amount since the beginning of the 2020/21 harvest.

 

Despite this scenario, biofuel prices registered a small decrease, which is due to the increase in supply of the same magnitude. Between September 14 and 18, the CEPEA / ESALQ Indicator for hydrate was R $ 1.7616 / liter (without ICMS and without PIS / Cofins), a slight decrease of 0.7% compared to the previous period. As for anhydrous, the volume sold also increased from September 14 to 18 (106.24% in relation to the previous week), according to a survey by Cepea. The anhydrous CEPEA / ESALQ indicator closed at R $ 2.0855 / liter (without PIS / Cofins), a slight increase of 0.49% in relation to the previous one.

 

 

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