Distributors trade little by little

In the first fortnight of August, Brazilian hydrated ethanol prices decreased 1.73 percent in Real. The CEPEA/ESALQ Index (Sao Paulo state) for this type averaged 0.58203 real or 0.30387 dollars per liter (excluding taxes) between Aug 6 and 10. For anhydrous, the decrease in the fortnight was of 1.44 percent in Real, at 0.66519 real or 0.34728 dollar per liter (excluding taxes) last week. Trades moved at a slow pace. Distributors were not willing to trade, purchasing small quantities. On the mills' side, some which were in need of cash offered a large volume.

Regarding the price parity calculated by Cepea, the sugar remunerated 12 percent more than the anhydrous ethanol and 20 percent more than the hydrated from Aug 6 and 10. Comparing the two types of ethanol, the anhydrous remunerated 8 percent more than hydrated in the same period.

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