In Brazil, Platts reports heavy rain in the southeast part of Brazil, together with Petrobras raising its gasoline price recently, has helped to boost the price of hydrous ethanol by more than 3% over the course of a week. Heavy rains and cold temperatures were expected to impede maximum sugarcane crush in the southeast region between Aug. 15 and Aug. 23, partially contributing to the hydrous ethanol price increase as ethanol supplies tighten in response.
Category: Fuels