ANP says Brazilian hydrous ethanol demand hit 1 billion liters in March

In Brazil, national fuel agency ANP said hydrous ethanol demand began to recover in March at the highest levels since December at 1 billion liters, but the figure was still 11% down on the year. More than 93% of consumption was in the center-south region where a return to the crush provided more supply availability and school holidays increased driving. ANP data showed that prices were 74% of gasoline prices, still above the 70% parity rate but lower than 76.8% seen in February.