Hydrous ethanol parity in Brazil holds steady after last week’s recovery

In Brazil, the price parity for gasoline with hydrous ethanol in Brazil’s south east region is holding steady at 61.4%, the same as last week, the highest seen since February. Hydrous ethanol prices recently reached the season’s highest price at $22.7 per ton. Recent rains in the sugarcane regions have led to crushing delays and resulting ethanol supply availability. Hydrous ethanol production reached .1617 billion liters, up 44% on last year and 2% on July.