Hydrated is 6 percent lower than in January

Even with the increases in the last two weeks, in February, Brazilian hydrated ethanol price was 6 percent lower than in January of this year. From January to February of the last year, the result was a raise of 11.4 percent, according to the CEPEA/ESALQ Index (Sao Paulo state). The anhydrous decreased 4 percent from January to February; in 2006, there was a valuation of 6.02 percent.

During last week, the Index for anhydrous upped only 0.35 percent over the previous week, averaging 0.84280 real or 0.40467 dollar per liter (excluding taxes). The hydrated averaged 0.81602 real or 0.39181 dollar per liter (excluding taxes), increasing 0.5 percent. These prices refer to trades delivered in the mills.

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