Tag: hydrous ethanol

Brazilian hydrous ethanol sales fell 10% on year in January

Brazilian hydrous ethanol sales fell 10% on year in January

March 3, 2021 |

In Brazil, Platts reports ANP data shows hydrous ethanol sales fell more than 10% in January compared to January 2020, in line with lower blending trends seen throughout the pandemic period. Of the total 1.7 billion liters sold in January, 91% of the volume was in the center-south region while much of the remaining volume […]

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Brazilian hydrous ethanol hits record high as Petrobras pushes gasoline prices higher

Brazilian hydrous ethanol hits record high as Petrobras pushes gasoline prices higher

February 10, 2021 |

In Brazil, Platts reports hydrous ethanol hit a record high of more than $500 per cubic meter on February driven by a number of factors including another, this time unexpected, Petrobras gasoline price hike. Carnival holidays, despite the lack of Carnival activities, and students returning to classes were expected to be the main drivers of […]

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Brazilian hydrous ethanol prices rise to record high

Brazilian hydrous ethanol prices rise to record high

January 20, 2021 |

In Brazil, Platts reports hydrous ethanol prices rose to a record high of $490.23 per cubic liter this week, an increase of 4% on the week, on the back of higher ICMS taxes in Sao Paulo state and Petrobras’ decision to raise gasoline prices. Gasoline prices increased nearly 8% on Jan. 19 while the ICMS […]

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Brazilian hydrous ethanol returns improving

Brazilian hydrous ethanol returns improving

October 29, 2020 |

In Brazil, Safras & Mercado report that the economic returns for hydrous ethanol compared to sugar production are improving, in part thanks to some appreciation of the Brazilian Real against the dollar as well as tightness in the physical market. Sugar’s advantage over hydrous shifted to 17%, the same as seen in July, compared to […]

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Brazilian hydrous ethanol sales hits pre-COVID levels in July

Brazilian hydrous ethanol sales hits pre-COVID levels in July

September 2, 2020 |

In Brazil, Platts reports hydrous ethanol sales rose back to near pre-pandemic levels in July to 1.51 billion liters. February saw sales at 1.77 billion liters but quickly dropped in March when control measures to stop the spread of COVID-19 were brought into place, hitting fuel demand. Total hydrous ethanol sales for the year through […]

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Brazil greenlights direct hydrous ethanol sales

Brazil greenlights direct hydrous ethanol sales

June 8, 2020 |

In Brazil, Reuters reports that the national energy council CNPE finally approved direct sales of hydrous ethanol from mills to gas station owners last Thursday. The policy shift which has been under consideration for a year is expected to make ethanol more competitive against gasoline, boosting demand in turn. In an unrelated move, the BNDES […]

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Brazilian hydrous ethanol prices jump 19% in a month

Brazilian hydrous ethanol prices jump 19% in a month

May 28, 2020 |

In Brazil, Platts reports that on the back of 28% higher gasoline prices in May, hydrous ethanol prices have been steadily increasing since May 13, already rising by almost 19% in a month. Between January 14 and April 29, Petrobras cut gasoline prices a whopping 12 times which hit the competitiveness of ethanol prices just […]

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Brazilian hydrous ethanol prices jump 13% from recent low

Brazilian hydrous ethanol prices jump 13% from recent low

May 26, 2020 |

In Brazil, Platts reports that hydrous ethanol prices are recovering from the previous COVID-19 induced slump that coincided with the start of the sugarcane crush, rising 13% from the recent low on April 24. International prices for oil products have almost doubled in the past four weeks, so the increase in hydrous prices pales in […]

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Brazilian hydrous ethanol sales fell nearly 17% in March due to high prices

Brazilian hydrous ethanol sales fell nearly 17% in March due to high prices

May 6, 2020 |

In Brazil, Platts reports that hydrous ethanol sales in March fell by nearly 17% to 1.48 billion liters as high prices cut demand. Hydrous ethanol prices rose to record highs before the sugarcane crush ramped up to add additional supplies which in turn pushed the ethanol parity with gasoline to 71.63%. Drivers typically opt for […]

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Brazilian hydrous ethanol prices begin to recover

Brazilian hydrous ethanol prices begin to recover

May 6, 2020 |

In Brazil, Platts reports that hydrous ethanol prices that had taken a hit due to the start of the sugarcane crush together with falling demand from COVID-19 impacts have begun to strengthen. Prices rose 7.5% from the recent low in late April in response to higher oil prices that have jumped significantly from their own […]

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