Cepea, January 4, 2021 – Agents from the sugar-energy industry were optimistic in early 2020, expecting high ethanol consumption in the 2020/21 season and heartened by the Renovabio program. However, the season was marked by many uncertainties due to the covid-19 pandemic, which limited the demand for ethanol, pressing down quotes most of the year, despite the lower production of the biofuel.
Based on the monthly CEPEA/ESALQ Indexes for hydrous ethanol, the average in the 2020/21 season (up to November) was 1
Fonte: CEPEA
