Ethanol Prices Evaporate at Plants As Distributors Burn Through Stocks

Written by Flavia Marinho

Published on 20/03/2021 at 17:19

Usina de etanol / Fonte: Reprodução – Via Google

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With the Entire Week of Hydrated Ethanol in Free Fall at Distribution Bases, the Biofuel Closed with Negative Price at Plants

The daily price of ethanol at distributors has melted all week, accumulating 7.87% (R$ 2,657) in the negative table for the month, 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 out, Ambev will open 300 job vacancies at its new logistics center being built in Osasco – SP.

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Ethanol consumption is facing consequences from stricter pandemic restrictions. In addition, the harvest in the Central-South officially begins on April 1st, which limits business as distributors are in a wait-and-see mode for greater supply of the biofuel.

Distributors have been burning through their stocks in recent days. According to the Daily Ethanol Indicator from Cepea, companies in Paulínia (SP) reduced the price by 2.39% to R$ 2,733 on Thursday, continuing declines since the 12th. Two of these were also significant.

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Ethanol Prices Evaporate at Plants As Distributors Burn Through Stocks

With the Entire Week of Hydrated Ethanol in Free Fall at Distribution Bases, the Biofuel Closed with Negative Price at Plants

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Raízen of the Shell Group Wants to Build Three Ethanol Production Plants Made from Bagasse and Sugarcane Straw

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Ethanol Prices Evaporate at Plants As Distributors Burn Through Stocks

With the Entire Week of Hydrated Ethanol in Free Fall at Distribution Bases, the Biofuel Closed with Negative Price at Plants

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