Ethanol price drops in 23 states, says ANP; national average drops 2.54%

The average prices of hydrous ethanol fell in 23 states last week and rose in only three others (Alagoas, Maranhão and Mato Grosso) besides the Federal District, according to a survey by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) compiled by AE-Taxes. At the stations surveyed by the ANP across the country, the average price of ethanol dropped 25.46% in the week compared to the previous week, from R$4,320 to R$4,210 per liter.

In São Paulo, the main producer and consumer state with more stations evaluated, the average price dropped 2.72%, from R$ 4,050 to R$ 3,940 per liter. Minas Gerais was the unit of the Federation with the highest percentage decline in prices in the week, 6.37%, from R$ 4,470 to R$ 4,230 a liter.

The minimum price recorded in the week for ethanol at a gas station was R$ 3.45 a liter, in São Paulo. The maximum price for the week was registered in Alagoas and Rio Grande do Sul, at R$ 6.99 a liter. The lowest state average price was observed in São Paulo, at R$ 3.94 per liter, while the highest state average price was observed in Amapá, at R$ 5.95.

In the monthly comparison, the average price of biofuel in the country fell 13.61%. The state with the highest percentage drop in the period was Bahia, with 17.15% of monthly ethanol devaluation.

Competitiveness

Ethanol remained more competitive than gasoline in just two states last week: São Paulo and Mato Grosso. This is what the ANP survey compiled by AE-Taxas shows. The criteria consider that ethanol from sugarcane or corn, due to its lower calorific value, has a price limit of 70% of the petroleum derivative at service stations to be considered advantageous.

In São Paulo, the parity is 69.73%. In Mato Grosso, the parity was 68.22%. In the average of the stations surveyed in the country, ethanol has a parity of 73.34% compared to gasoline, therefore less favorable than the petroleum derivative.

Industry executives claim that ethanol can be competitive with parity greater than 70%, depending on the vehicle in which the biofuel is used.

About Yadunandan Singh

Born in 1992, Yadunandan approaches the world of video games thanks to two sacred monsters like Diablo and above all Sonic, strictly in the Sega Saturn version. Ranging between consoles and PCs, he is particularly fond of platform titles and RPGs, not disdaining all other genres and moving in the constant search for the perfect balance between narration and interactivity.

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