UNICA says small boost to Petrobras gas prices won’t support ethanol sales

November 10, 2014 |

In Brazil, UNICA says that Petrobras boosting gasoline prices by 3% won’t have a significant impact on demand for ethanol as pump prices will only go up by about 1.5%. UNICA’s secretary general says that the modest move in prices shows that the government continues to care more about Petrobras than for the ethanol industry that has suffered extensively under the latest regime.

 

Category: Policy

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