The ethanol market for producers in São Paulo operated at a slow pace throughout the week, with the most relevant negotiations involving interstate flows, mainly from Mato Grosso do Sul and Goiás to the state, according to [source missing]. DATAGRO A&E in VIP report.
"With a reduced number of active agents, low liquidity, and historically low inventories, hydrous ethanol prices maintained some support, while anhydrous ethanol prices, in an even less liquid market, ended up declining," the document says.
Last Friday (13), in São Paulo, the price of hydrated ethanol to the producer was quoted at R$ 2.9676/liter, an increase of 0.7% in the week and 4.4% in the annual comparison. The price of anhydrous ethanol fell 1.3% in the same period, to R$ 3.2522/liter, still 0.5% above the level observed a year ago, both PVU/PVD and excluding taxes, according to the DATAGRO PRA.
For more information, visit the VIP Report in analysis section of DATAGRO Portal.
This text was translated by machine from Brazilian Portuguese.