Comparing the average prices of this season in the Center-Southern region - from the beginning of April to November 24 - over the same period of 2005, the CEPEA/ESALQ Index of anhydrous and hydrated were around 20 percent higher this year - in nominal terms.
For more than two months, prices have keeping stable. Between November 20 and 24, the CEPEA/ESALQ Index of anhydrous ethanol averaged 0.85269 real or 0.39374 dollar per liter (excluding taxes), almost unchanged over the previous week average. For hydrated, the average was of 0.74659 real or 0.34475 dollar per liter, down only 0.33 percent. The stability is related to the higher demand from distributors, since the supply offered by mills kept large.
At the end of November, came into operation the measure of increasing to 23 percent the rate of anhydrous ethanol to the gasoline settled by Brazilian government.