Ethanol prices fall in 15 states, rise in 7 and in DF and remain stable in 4, says ANP

The average prices of hydrous ethanol fell in 15 states, rose in another 7 and in the Federal District and remained stable in 4, in the week from December 31st to January 6th. The survey is from the National Petroleum, Natural Gas and Biofuels Agency (ANP) compiled by AE-Taxas. At stations surveyed by ANP across the country, the average price of ethanol fell 0.88%, from R$3.42 per liter in the previous week to R$3.39 per liter.

In São Paulo, the main producing and consuming state with the most evaluated stations, the average price fell 0.30%, from R$3.30 to R$3.29. The biggest percentage drop in the week, 7.32%, was recorded in Goiás, where a liter went from R$3.28 to R$3.04.

The minimum price recorded this week for ethanol at a gas station was R$2.74 per liter, in São Paulo. The highest price, of R$6.60, was recorded in Pará. The lowest average state price, of R$3.04, was observed in Mato Grosso, while the highest average price was recorded in Amapá, of R$5 .34 a liter.

In the monthly comparison, the average price of biofuel in the country fell 4.24%. The biggest increase in the period, 0.25%, was recorded in Bahia. The biggest drop in the month was observed in Goiás, 15.79%.

Competitiveness

Ethanol was more competitive in relation to gasoline in ten states: Alagoas, Goiás, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paraíba, Paraná, Pernambuco, Rio de Janeiro and São Paulo, in addition to the Federal District. In the rest of the States, it remains more advantageous to fill up your car with gasoline. According to the ANP survey compiled by AE-Taxas, in the period, the average of stations surveyed in the country had ethanol parity of 60.97% compared to gasoline, therefore favorable in comparison with the petroleum derivative.

Parity was 67.51% in Alagoas, 59.03% in Goiás; 54.87% in Mato Grosso; 61.16% in Mato Grosso do Sul; 62.32% in Minas Gerais; 68.50% in Paraíba; 64.12% in Paraná; 69.98 in Pernambuco; 69.70% in Rio de Janeiro and 59.93% in São Paulo. In the Federal District, it was 65.26%.

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