Cepea, June 2, 2020 – Ethanol prices increased in São Paulo State in May, offsetting part of the losses registered between March and April. Quotes were boosted by the gradual resume of consumption in some important ethanol-consuming regions in Brazil.
Despite the coronavirus pandemic, the advantage of hydrous ethanol against gasoline at the pumps in São Paulo favored the demand for the biofuel, increasing distributors’ needs to replenish inventories
Fonte: CEPEA