In Brazil, Reuters reports that hydrous ethanol’s competitiveness against gasoline was already falling in May but with the cuts in various taxes that came into force this week and last, hydrous ethanol has become even less competitive. Ethanol prices are expected to fall in response to gasoline’s enhanced competitiveness. In the Southeast region, for example, […]
In Brazil, Platts reports hydrous ethanol prices in the key center-south producing region have slid by $193.67 per cubic meter to $765.29 from the highs seen in mid-April when the slow start to the sugarcane crush tightened supplies. On May 25, the Chamber of Deputies voted to cap the ICMS tax at 17% to help […]
In Illinois, using hydrous ethanol as a dual fuel in internal combustion engines may help reduce greenhouse gases in the rail industry. Climate change is inspiring many industries to examine how greenhouse gas (GHG) emissions can be reduced. Rail and marine, which together account for about 4% of transportation’s GHG emissions, are a relatively small but important […]
In Brazil, Platts reports that UNICA data shows hydrous ethanol sales jumped during the last first half of March, rising more than 17% compared to the second half of February, in response to Petrobras’ decision to increase gasoline prices in line with rising crude oil prices. Sales totaled 434.72 million liters, more than 10% above […]
In Brazil, Platts reports the hydrous ethanol price parity against gasoline was the highest since April 2016 last week at 76.59%. Typically, drivers start to rethink filling up with E100 once the price of ethanol goes above 70%, ethanol’s energy content versus gasoline. Sugarcane mills have been favoring sugar production and anhydrous ethanol production over […]
In Brazil, Platts reports Brazilian hydrous ethanol prices in the main center-south region have reached a record high of $730.93 per cubic meter as a trifecta of drivers—growing demand, expectations of higher gasoline prices and low stocks—pushed the fuel above the barrier of 4,000 reals. Prices are up 62% in 2021. Anhydrous ethanol prices are […]
In Brazil, Platts reports spot hydrous ethanol prices are trading at a 13% discount to anhydrous in the key center-south region, slightly lower than the 14% discount that has been seen throughout much of the current 2021/22 season but much higher than the average 11% usually seen. The higher discount means that buyers are likely […]
In Brazil, Platts reports that although the sugarcane crush is well under way, ethanol prices are being driven higher by the continued premium for sugar production. But hydrous ethanol remains competitive over gasoline at the pump, keeping demand steady amidst a tightening supply scenario that has the market concerned whether ethanol production can keep up. […]
In Brazil, Platts reports the premium for Center-South anhydrous over hydrous ethanol reached a record high of 14.3% during the week ending March 31 as the official crop year wound up. The premium was 3% higher than during the same period last year. COVID-19 impacts on driving have played havoc with prices as well as […]
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 […]
