Average prices for hydrous ethanol fell in 15 states, rose in seven other states and the Federal District and remained stable in four states, in the week of December 31 to January 6. The survey was conducted by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) and compiled by AE-Taxas. In stations surveyed by the Philippine National Police across the country, the average price of ethanol fell by 0.88%, from R$3.42 per liter the previous week to R$3.39 per liter.
In São Paulo, the main producing and consuming state with the most rated stations, the average price fell by 0.30%, from R$3.30 to R$3.29. The largest decrease during the week, 7.32%, was recorded in Goiás, where the price per liter fell from R$3.28 to R$3.04.
The minimum ethanol price recorded this week at a gas station was R$2.74 per liter in São Paulo. The highest price, R$6.60, was recorded in Pará. The lowest average price in the state, R$3.04, was observed in Mato Grosso, while the highest average price was recorded in Amapá, R$5.34 per litre.
In the monthly comparison, the average price of biofuel in the country decreased by 4.24%. The largest increase during this period was recorded at 0.25% in Bahia. The largest decrease in the month was observed in Goiás, by 15.79%.
Competitiveness
Ethanol was more competitive compared to gasoline in ten states: Alagoas, Goiás, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paraíba, Paraná, Pernambuco, Rio de Janeiro, and São Paulo, as well as the Federal District. In the rest of the states, it is still better to fill your car with gasoline. According to an ANP survey conducted by AE-Taxas, in this period, the average stations surveyed in the country had an equivalent of 60.97% more ethanol than gasoline, thus favorable in comparison to petroleum derivatives.
Parity was 67.51% in Alagoas and 59.03% in Goiás; 54.87% in Mato Grosso; 61.16% in Mato Grosso do Sul; 62.32% in Minas Gerais; 68.50% in Paraíba; 64.12% in Parana; 69.98 in Pernambuco; 69.70% in Rio de Janeiro and 59.93% in São Paulo. In the federal district, it reached 65.26%.
Continues after ad
Industry executives point out that ethanol could be competitive even with a parity greater than 70%, depending on the vehicle in which the biofuel is used.
Receive in your inbox first thing in the morning the news that will impact the markets, your investments and your pocketbook throughout the day
