December Begins to Show a Decrease in Ethanol Prices in the First Half of the Month in the Southeast Region: Key Fuels Like Gasoline and Diesel Remain Stable

Fuel Prices Like Gasoline Remain Steady at R$6,972 and Diesel at R$ 5,366 in the Southeast Region, According to Ticket Log (IPTL). Ethanol Decreases, but May Not Be Worth It. 

According to the Ticket Log Price Index (IPTL), gas stations in the Southeast Region recorded the largest reduction in the country for fuel prices like ethanol in the first half of December. With a drop of 2.82% in the average price compared to November, the fuel was sold for R$ 5,719. Gasoline and diesel maintained stable prices.

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The price of gasoline also saw a decline, but only by 0.04%, dropping from R$ 6,975 to R$ 6,972, which represented stability in price variation. Diesel in the region followed the same trend and had a decrease of 0.04%, falling from R$ 5,368 in November to R$ 5,366 in the first 15 days. Diesel S-10 maintained last month’s price of R$ 5,453.

São Paulo Is the State with the Cheapest Fuel Prices (Gasoline and Ethanol) and the Largest Decline in Ethanol Prices. Meanwhile, Rio de Janeiro Had the Highest Average Among the States.

The State of São Paulo, in addition to having the cheapest ethanol price in the region, also experienced the largest decline in fuel price, representing a 3.11% drop. The price that was R$5,302 in November has now dropped to R$ 5,137 at São Paulo gas stations. Additionally, in the state, gasoline was sold at the lowest average price in the region, at R$ 6,452.

In the Rio de Janeiro, an opposite scenario was found for ethanol, sold for R$ 6,410, the highest average among the states. The most expensive gasoline in the Southeast was also found at gas stations in Rio, at R$ 7,307. Only the State of Espírito Santo did not record any decrease in fuel prices, but rather increases of up to 0.48%.

According to Douglas Pina, Head of Urban Market at Edenred Brazil, “Despite the drop in ethanol prices recorded in the first days of December, when compared to gasoline in the 70/30 ratio, the fuel is not worthwhile when refueling, according to the Ticket Log survey. Last month, drivers in São Paulo, Rio de Janeiro, Minas Gerais, and Espírito Santo could continue opting for gasoline as the more advantageous option,” he reported.

Diesel and Diesel S-10 were sold at the highest prices at gas stations in Minas Gerais, at R$ 5,483 and R$ 5,555, respectively. In São Paulo, both fuels had the lowest averages in the region, at R$ 5,312 for the first and R$ 5,391 for the second.

See the Comparison of Average Fuel Prices in the Southeast Region.

Ticket Log is a brand of Edenred, a global digital services and payments company. A leader in its segment, it connects over 50 million users, 2 million establishments, and over 850,000 client companies in 46 countries, managing transactions of more than 7.1 billion liters of fuel per year.

With over 30 years of experience in the market and 30,000 client companies, Ticket Log manages 1 million vehicles and nearly 2.5 billion liters of fuel annually. Additionally, the brand has a network of acceptance with over 43,000 accredited partners, including gas stations, mechanical workshops, and many other mobility services.

The IPTL is a fuel price index based on refueling conducted at 21,000 accredited Ticket Log gas stations, which has high reliability due to the number of vehicles managed by the brand: 1 million in total, with an average of eight transactions per second. See the table below for the average fuel prices in the Southeast region and the variations and correlation between the prices of ethanol and gasoline.