Domestic values move up

After almost four months stable, Brazilian ethanol prices moved up in the last week of October. The upward trend was liked to the interruption of the process activities due to the rainfalls. Moreover, mills tried to recuperate the prices, considered below to the cost of production.

Between October 22nd and 26th, the CEPEA/ESALQ Index (Sao Paulo state) for anhydrous upped 1.45 percent over the previous week, averaging 0.66852 real or 0.37194 dollar per liter (excluding taxes). For the hydrated, the increase was of 1.71 percent, at 0.58604 real or 0.32605 dollar per liter (excluding taxes).

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