Ethanol price premium negotiations for anhydrous over hydrated in Brazil's Center-South indicate lower values in the 2026/27 crop compared to the previous cycle, with the market expecting a record production of the biofuel, according to Argus. Rounds of negotiations for anhydrous ethanol, currently used in the 30% blend in gasoline, have pointed to premiums of 10.5% to 13%, the company specializing in data and prices for commodity markets indicated to Reuters. In the previous cycle, the bids were between 11 and 14% and the realized premiums were 12 and 13%. "At the beginning of the negotiation, the market is seeing these premiums lower than last year, largely due to the projection of a record ethanol crop in 2026/27," said the company's ethanol pricing manager, Maria Lígia Barros. The negotiations are taking place in light of a regulatory requirement for distributors to contract with producers, for the new cycle, volumes equivalent to 90% of the previous season's anhydrous ethanol ...