Saturday, February 27, 2021

Average ethanol price rises in 19 states this week; know what they are

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Average prices for ethanol hydrated increased in 19 states and the Federal District in the week ended on Saturday (30) compared to the previous period, according to a survey by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) compiled by AE-Rates. The price of biofuel fell in 5 other states and remained stable in Alagoas, while in Amapá there was no calculation.

In the stations surveyed by the ANP across the country, the average price of ethanol rose 0.84% ​​in the week compared to the previous one, from R $ 3.2110 to R $ 3.2380 a liter.

In São Paulo, the main producer, consumer state and with the most stations evaluated, the average price of hydrated products was R $ 3.079, up 0.95% compared to the previous week (R $ 3.050). In Rio Grande do Norte, biofuel recorded the highest percentage increase in the week, from 4.30%, from R $ 3.788 to R $ 3.951. The biggest weekly drop, of 2.29%, was seen in Roraima (from R $ 3.843 to R $ 3.755).

The minimum price recorded last week for ethanol at a gas station was R $ 2.759 a liter, in São Paulo, and the lowest state average price, at R $ 3.079, was also verified in São Paulo. The maximum individual price, of R $ 5.295 per liter, was verified at a gas station in Rio Grande do Sul. The highest state average price was also that of Rio Grande do Sul, of R $ 4.347.

In the monthly comparison, the average price of biofuel in the country advanced 1.73%. The state with the highest increase in the period was Bahia, where the liter rose 8.46%, from R $ 3,393 to R $ 3,680. In the monthly calculation, seven States showed devaluation of biofuel. The biggest drop, of 2.09%, was in Mato Grosso, where biofuel fell from R $ 3,255 to R $ 3,187.

Competitiveness

Average prices for ethanol in the week ended last Saturday proved to be advantageous compared to gasoline prices in only three Brazilian states – Minas Gerais, Goiás and Mato Grosso, with parities of 67.67%, 68.32% and 69, 28%, respectively between the price of ethanol and gasoline. In São Paulo, the largest national producer, the par is 70.10%.

The ANP survey considers that cane or corn ethanol, due to its lower calorific value, has a limit price of 70% of the oil derivative at the service stations to be considered advantageous.

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Average ethanol price rises in 19 states this week;  know what they are