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Home Gasoline and ethanol prices increase by more than 2% in April and consumers have nowhere to run

Gasoline and ethanol prices increase by more than 2% in April and consumers have nowhere to run

8 July 2022 to 08: 45
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gasoline - ethanol - fuel - price - refining - oil - dollar - diesel - CNG
Lack of gasoline and diesel generates a queue at a gas station / Google Image

The scenario is still one of generalized increases in fuel prices throughout Brazil. It is worth highlighting the rise in prices in terms of the value of a liter of ethanol, where the increases exceed the increases for gasoline

According to the Ticket Log Price Index (IPTL) for the first half of April, average prices per liter of gasoline and ethanol at Brazilian service stations rose more than 2% compared to the end of March. Gasoline was sold at R$ 7,477, an increase of 2,10% compared to the previous month. Ethanol, which in March was costing an average of R$ 5,687, shows a greater variation than gasoline (2,90%) and is already at R$ 5,852.

None of the country's regions showed a decline in the average price of gasoline and, even registering the lowest increase (1,72%), the Northeast again sold the most expensive gasoline in Brazil, at R$ 7,589. As in the month of March, the South remains in the leadership of the cheapest gasoline, sold at R$ 7,104, up 2,51% compared to last month.

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As with gasoline, the price of ethanol did not fall in any state. The region that presented the most expensive average value in the period was the North (R$ 6,147). On the other hand, the northern stations recorded the lowest increase among the five regions (1,49%). The stations in the Midwest had the lowest average price for a liter of ethanol, sold at R$ 5,451, up 3,41% compared to March.

"The scenario is still one of a general increase in fuel prices across the country.. It is worth highlighting an important change in the behavior of prices, when we identify that the value of a liter of ethanol has skyrocketed and, with the exception of the North Region, the increases exceed the increases of gasoline. Despite still appearing in the ranking as the highest average price for gasoline, according to the latest survey by Ticket Log, there was a respite in the consecutive increases identified at the stations in the Northeast in the latest surveys”, highlights Douglas Pina, Director General of Mainstream of the Fleet and Mobility division of Edenred Brasil.

In the analysis by state, Piauí stood out with the highest average price and also the biggest increase in the price of gasoline, (4,07%), which went from R$ 7,832 to R$ 8,151. After consecutive highs, the value of gasoline at Bahian stations fell by 2,65%, and the value of R$ 7,560 increased to R$ 7,360. The lowest average price for this fuel was sold at gas stations in Amapá, at R$6,918.

Ethanol also continued to rise and no state had a reduction in fuel prices. The biggest increase in price was recorded in Sergipe, traded at R$ 6,173, an increase of 6,87%. Pará sold ethanol for the highest average price, at R$6,677, and the lowest average was recorded at filling stations in São Paulo, at R$4,894.

“In addition to ethanol being considered the most favorable option for fueling in São Paulo, Minas Gerais, Mato Grosso, Mato Grosso do Sul, Goiás and Piauí, in April the fuel also became more interesting for Paraná drivers, according to IPTL” , concludes Pina.

O IPTL is a fuel price index calculated based on fueling carried out at the 21 thousand accredited Ticket Log stations, which is highly reliable due to the number of vehicles managed by the brand: 1 million in all, with an average of eight transactions per second. Ticket Log, Edenred Brasil's fleet management and mobility solutions brand, has over 30 years of experience and adapts to customer needs, offering modern and innovative solutions in order to simplify daily processes.

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