Price drop increases the competitiveness of hydrous ethanol compared to gasoline in eight Brazilian states.

Last week, the price of hydrous ethanol at the pump continued its downward trend, increasing its competitiveness against gasoline in the states of Bahia (68.03%), Federal District (62.73%), Goiás (66.23%), Mato Grosso (60.09%), Mato Grosso do Sul (63.38%), Minas Gerais (67.25%), Paraná (64.54%), and São Paulo (60.74%). According to DATAGRO, these eight states together account for approximately 60.5% of Otto cycle fuel consumption. During the same period last year, hydrous ethanol was competitive in five states, which accounted for 49.6% of this consumption. Last week, the average price of hydrous ethanol traded in São Paulo fell 1.5% to R$ 3.93/liter, while the average price of gasoline remained stable at R$ 6.47/liter. Among the 27 Federative Units, 21 registered a drop in hydrated ethanol prices for consumers, reducing the national average to R$ 4.22/liter (-1.17%) last week. For more details, visit the DATAGRO Portal and access our [link/resource]. survey of fuel prices for consumers.

This text was translated by machine from Brazilian Portuguese.