The values of hydrated and anhydrous ethanol rose in the state of São Paulo last week, according to data from Cepea.

Between February 20th and 24th, the weekly CEPEA/ESALQ Indicator for hydrous ethanol, the producer segment of the state of São Paulo, closed at R$ 2.7126/liter (net of ICMS and PIS/Cofins -- zeroed rate), an increase of 0.54% compared to the previous period. For anhydrous ethanol, the CEPEA/ESALQ Indicator rose 1.67%, to R$ 3.1173/liter, value net of taxes (PIS/Cofins -- rate zeroed).

Despite demand remaining punctual, with few distributors active in purchases, price support came from news indicating the real possibility of returning to the collection of federal taxes on gasoline and ethanol as of March 1st -- it should be noted that the matter is still under discussion between the government and Petrobras.