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Price of Ethanol Falls in 24 States and DF. Biocombustible is at parity of 67.89% against gasoline, thus more favorable than the petroleum derivative.
Prices in 24 States and the Federal District for hydrated ethanol dropped in the week of the 18th, according to a survey by ANP (National Agency of Petroleum, Natural Gas and Biofuels) compiled by AE-Taxas. Only in Amazonas and Roraima did the biocombustible appreciate.
In the fuel stations surveyed by the National Agency of Petroleum across the country, the average price of ethanol fell by 1.84% compared to the previous week, from R$ 5.002 to R$ 4.910 per liter.
In São Paulo, the main producing and consuming State with the most evaluated stations, the average price dropped by 2.08%, from R$ 4.653 to R$ 4.556 per liter.
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Mato Grosso saw the largest percentage drop in prices for the week, at 4.97%, from R$ 4.871 to R$ 4.629 per liter.
Ethanol Price Plummets to R$ 3.89 at a Fuel Station in SP
The lowest price recorded for ethanol in a station during the week was R$ 3.89 per liter in São Paulo, and the lowest state average price, at R$ 4.556, was also recorded in São Paulo.
The highest state average price, at R$ 6.505, was observed in Rio Grande do Sul, which also recorded the highest price, at R$ 7.89 per liter.
In this comparison, the average price of the biocombustible in the country fell by 7.76%. The State with the largest percentage drop during this period was São Paulo, with a 9.76% monthly devaluation of ethanol.
According to the survey by ANP compiled by AE-Taxas, ethanol remained more competitive than gasoline in four States last Saturday: Goiás, Mato Grosso, Minas Gerais, and São Paulo.
In parallel, it is considered that ethanol from sugarcane or corn, due to its lower calorific power, has a price limit of 70% of the petroleum derivative at fuel stations to be considered advantageous.
In Goiás, the parity is 65.74%; in Mato Grosso, 66.22%; in Minas Gerais, 67.05%; and in São Paulo, 66.72%.
Generally, in the stations surveyed across the country, ethanol is at parity of 67.89% against gasoline, thus more favorable than the petroleum derivative.
Industry executives claim that ethanol can be competitive with a parity greater than 70% depending on the vehicle in which the biocombustible is used.
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