Cepea, April 16, 2021 – Despite the consecutive valuations in the last months, the average prices for hydrous and anhydrous ethanol in the 2020/21 season were lower than that in the previous season, in real terms.
Cepea surveys show that the averages in the 20/21 season decreased because of the low prices in the first two months of the crop (April and May 2020). It is worth to mention that, in that period, some ethanol plants needed to sell the biofuel, while the demand for ethanol was low because of the restrictive measures to fight the first wave of the covid-19 pandemic
Fonte: CEPEA
