Brazilian hydrous ethanol price parity at four-year high as gasoline prices jump

March 10, 2021 |

In Brazil, Platts reports hydrous ethanol prices have reached a parity against gasoline of 73.55%, an increase of nearly 3% in just a week, which is the highest parity level seen in four years. Hydrous ethanol prices are nearly 22% higher on the year and although gasoline prices have been spiking, their increase is only 16% on the year, leading to the growing price parity. Rising gasoline prices have led drivers to continue to fill up with hydrous as a result despite the four-year high.

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Category: Fuels

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