After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

Written by Flavia Marinho

Published on 22/03/2021 at 11:22

Frentista de posto de combustível / Fonte: Reprodução – Via Google

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The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

After five consecutive drops, the average price of diesel at gas stations in Brazil rose slightly. Last week marked the first increase since the implementation of a federal government subsidy program for producers like Petrobras and importers. According to ANP data from last Friday, the price of gasoline and ethanol also saw an increase.

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The slight increase in price occurred despite the efforts of the Bolsonaro government, which included tax reductions, to lower prices and address demands from truck drivers after a historic highway shutdown in May against rising fuel costs.

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) also recorded an increase in gasoline, which rose by 1.8% over the week, or 10 cents, to an average of R$ 5.592 per liter.

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Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

Ethanol consumption is suffering the consequences of stricter restrictions in fighting the pandemic. Additionally, the harvest in the Center-South officially begins on April 1, which limits business as distributors are waiting for a greater supply of the biofuel.

The sector is now hoping for good news from abroad since domestic lockdowns or semi-lockdowns will coincide with a greater supply arriving from the harvest in the Center-South. Even though the handbrake is being pulled on ethanol and peak production begins in May, the volume available still dampens prices.

After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

Read Also

Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Free regenerative agriculture course open for registration until July 3, promising to prepare producers in Minas to reduce costs, restore soil, and tackle drought.

Man builds house with concrete made from recycled paper and attracts attention in Portugal; named Porta do Caracol, the home features solar panels, a vertical garden, and a pool with natural filters.

Goodbye to conventional plaster? New material used on walls reduces waste and steps in construction and draws the attention of engineers by offering faster application and greater construction efficiency – discover the advantages of smooth gypsum.

Roblox changes the rules for children and teenagers in Brazil and promises a safer platform with selfies and parental control.

As small communities struggle to maintain local income, Zigurats bets on its own cryptocurrency and transforms water, clay, and cosmetics into digital assets.

After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

Read Also

Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

ANP halts LPG reform, and Sindigás sees technical caution as a decisive point for safety, investments, and the future of the cylinder in Brazil.

Oil spill in the Caribbean raises environmental alert and increases tension between Venezuela and Trinidad and Tobago

More than 40 Petrobras platforms enter the decommissioning queue and open up a billion-dollar industry in Brazil for cranes, special ships, underwater cutting, and offshore recycling.

ANP schedules oil auctions in October and reinforces regulatory predictability for concessions, sharing, and investments in the oil and gas sector

Free regenerative agriculture course open for registration until July 3, promising to prepare producers in Minas to reduce costs, restore soil, and tackle drought.

Man builds house with concrete made from recycled paper and attracts attention in Portugal; named Porta do Caracol, the home features solar panels, a vertical garden, and a pool with natural filters.

Goodbye to conventional plaster? New material used on walls reduces waste and steps in construction and draws the attention of engineers by offering faster application and greater construction efficiency – discover the advantages of smooth gypsum.

Roblox changes the rules for children and teenagers in Brazil and promises a safer platform with selfies and parental control.

As small communities struggle to maintain local income, Zigurats bets on its own cryptocurrency and transforms water, clay, and cosmetics into digital assets.