Hydrous ethanol prices rise in 18 Brazilian states, falls in 8
Aug 16, 2011 - Hydrous ethanol prices at Brazil's fuel stations swelled in 18 states last week and dropped in eight and the Federal District, data released by Brazil's oil industry watchdog ANP showed.
According to ANP, the average price of ethanol in Brazil stood at BRL 1.996 (USD 1.254/EUR 0.869) a litre, flat compared to the previous week's value.
The petrol (gasoline) price, in turn, rose in 13 states and the Federal District in the period August 8-13, remaining stable as well, at BRL 2.752 a litre on average, when compared to the week before.
The highest average ethanol and petrol prices were registered in the northern Acre state -- BRL 2.528 and BRL 3.009 a litre, respectively.
The cheapest ethanol, in turn, was sold in the western Mato Grosso state, where it cost BRL 1.674 a litre on average last week, while the lowest average petrol price was in the northeastern Paraiba state, or BRL 2.546 a litre.
Last week, ethanol continued to be more competitive than petrol only in Goias, Mato Grosso, Sao Paulo and Tocantins.