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

Also Read

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

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

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