Ethanol: despite the slow market, indicators maintain stability

Only small volumes of hydrated ethanol were traded in the São Paulo spot market in the first week of August. This is what the surveys by the Center for Advanced Studies in Applied Economics (Cepea) show. According to the institute, this scenario is due to weakened demand from the state's distributors. On the selling side, researchers explain that the stance was one of firm prices. These agents remain attentive to the performance of ethanol and sugar production in the current season. Between August 4 and 8, the Cepea/Esalq Indicator for hydrated ethanol in the state of São Paulo closed at R$ 2.6296/liter (net of ICMS and PIS/Cofins). This value represents an increase of ...