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Market Sees Decrease In Gasoline, Diesel And Ethanol Prices
October brought good news for drivers: a notable decrease in the prices of the most popular fuels. With gasoline, diesel, and ethanol registering decreases of 0.38%, 0.38%, and 0.45%, respectively, the second week of the month saw ethanol emerging as an attractive financial option for flex cars in 15 states.
Gasoline: A More Detailed Look
Between October 6 and 12, gasoline had a decrease of 0.38% in its price, averaging R$ 5.967 per liter. São Paulo stood out as the place with the most economical fuel, priced at R$ 5.765, while Acre had the highest average, reaching R$ 6.834. This price movement was observed in a study by ValeCard, which analyzes transactions from over 25,000 establishments throughout Brazil.
Diesel: Small Drop, Big Impact
The same trend was observed in the price of diesel, which also fell by 0.38%. The national average was R$ 6.364 per liter. Rio Grande do Sul secured the position of the lowest average price at R$ 5.907, while Roraima had the highest average at R$ 6.915.
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Brendon Rodrigues, innovation leader at ValeCard, explained: “Diesel is experiencing a moment of relative stability after peaks in August and September. As long as international oil prices do not spike due to global conflicts, we do not expect large fluctuations at gas stations.”
Ethanol: The Rising Star
In the fuel race, hydrated ethanol stood out with a reduction of 0.45%, costing an average of R$ 3.746 per liter. According to ValeCard data, this was the second consecutive decrease for ethanol, driven by intensive production at the plants.
Rodrigues reiterated: “The price of ethanol for distributors dropped 1.25% in the last four weeks, as indicated by Cepea from Esalq. This decrease benefited, in part, the end consumer.”
This flow in prices directly influences the decision of drivers with flex vehicles. Analysis indicates that for ethanol to be financially more advantageous compared to gasoline…
Source: ValeCard
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