Ethanol opens September with the seventh consecutive increase in prices

The price of hydrated ethanol began September with a new increase in the spot market in the state of São Paulo. This is what the surveys by the Center for Advanced Studies in Applied Economics (Cepea) indicate. According to the institute, this marks the seventh consecutive week of advancement. Researchers explain that the support for the values comes from the firm stance of the seller, who continues to offer low volumes in the spot market and has prospects for further increases in the coming months. Another factor influencing the biofuel's quotations is the nearing end of the 2025/26 harvest crushing. With dry weather throughout the season, the processing of sugarcane advanced at an accelerated pace. A Cepea survey shows that a few mills are expected to end activities in October. Between September 1 and 5, the Cepea/Esalq Indicator for hydrated ethanol in the state of São Paulo closed ...