Ethanol prices rise in 16 states and the Federal District

Average hydrous ethanol prices rose in 16 states and the Federal District (DF), fell in 6 and remained stable in 4 in the week of September 14 to 20. The data comes from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), compiled by AE-Taxas.

At gas stations surveyed by ANP across the country, the average fuel price rose 1.66% compared to the previous week, from R$4.22 to R$4.29 per liter.

In São Paulo, the main producing and consuming state with the most gas stations evaluated, the price rose 0.74% in the weekly comparison, from R$4.07 to R$4.10 per liter.

The largest percentage increase in the week, 12.03%, was recorded in Goiás, to R$4.47 per liter. The largest drop, 1.89%, occurred in Alagoas, to R$4.68 per liter.

The lowest price recorded this week for ethanol at a gas station was R$3.19 per liter in São Paulo. The highest price, R$6.49, was recorded in Pernambuco. The lowest average state price, R$3.89, was recorded in Mato Grosso do Sul, while the highest average price was recorded in Amazonas, at R$5.51 per liter.

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Ethanol proved more competitive than gasoline in four states during the week of September 14-20. At the average gas stations surveyed nationwide, the fuel had a 69.19% parity with gasoline during the period, thus favoring the petroleum derivative, according to a survey by the National Petroleum Agency (ANP) compiled by AE-Taxas. Industry executives note that ethanol can be competitive even with a parity greater than 70%, depending on the vehicle in which the biofuel is used.

Ethanol is more competitive compared to gasoline in the following states: Mato Grosso (68.57%); Mato Grosso do Sul (65.60%); Paraná (68.21%), and São Paulo (67.55%).