With the whole week of hydrous ethanol in free fall at the distribution bases, the biofuel closed with a negative price at the plants

The daily price of ethanol at distributors melted all week, accumulating 7,87% (R$ 2,657) in the month's negative table, according to data from Cepea and the biofuel closed with a negative price in the final balance of 15 to 19, at the plants. Keep an eye, Ambev will open 300 jobs in its new logistics center that is being built in Osasco – SP.

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Ethanol consumption suffers consequences with stricter restrictions to face the pandemic. In addition, the crop in the Center-South officially starts on April 1st, which limits business since distributors are waiting for a greater supply of biofuel.

Distributors have been burning their stocks in recent days. According to Cepea's Daily Ethanol Indicator, companies in Paulínia (SP) reduced the liter by 2,39% on Thursday, to R$ 2,733, following retreats since the 12th. Two of them are also significant.

The crowd now in the sector is for good news to come from abroad, because domestically the lockdowns or semi-lockdowns will hit with greater supply coming from the Center-South crop. Even if the handbrake is pulled for ethanol and peak production starts from May onwards, the available volume still dampens prices.

At the same time, oil also showed consecutive declines, alleviating the risk of an increase in gasoline prices. It lost support of almost $70 after freefall, when it evaporated more than 7% in London, on account of fears of the delayed European exit from the health crisis and American stocks.

Raízen of the Shell Group wants to build three plants producing ethanol made from sugarcane bagasse and straw

Raízen, the global giant producing ethanol together with Shell, intends to build three more cellulosic ethanol plants — or second generation. The good news was announced by businessman Rubens Ometto, from Cosan, last Monday (15/03) 

The technology for producing cellulosic ethanol emerged from a partnership between Shell and the Canadian company Logen, specialized in biotechnology. In the past harvest (2019/20), the Piracicaba unit produced 226 liters of ethanol for each ton of dry biomass.