Ethanol closes January with opposite variations: slight increase in hydrated and decrease in anhydrous, Cepea/Esalq points out.

The ethanol market in Brazil closed the last week of January with divergent results between the two main types of the biofuel. According to data from the Cepea/Esalq Indicator, from USP, hydrated ethanol registered a slight increase, while anhydrous ethanol showed a drop in quotations. Between January 26 and 30, hydrated ethanol—used in flex, hybrid, or alcohol-only vehicles—was traded by mills at R$ 3.0885 per liter, a slight increase of 0.05% from the previous week, when the average price was R$ 3.0871. On the other hand, anhydrous ethanol, which is mixed with gasoline, ended the period with a decline of 1.85%, with the liter traded at R$ 3.4722, down from R$ 3.5377 practiced in the week of January 19 to 23. The Paulínia Daily Indicator also pointed to a slight advance in the quotations of hydrated ethanol on Friday, January 30. The biofuel was sold at R$ 3,157.50 per cubic meter, representing an appreciation of 0.05% from the previous day. The mixed performance ...