Hydrated keeps the upward trend in Jan/09

Brazilian hydrated ethanol prices have small increases during all January, except in the last week of the month, when the values kept unchanged. The support especially came from lower supply in this off-season period of the Center-Southern region. For anhydrous, prices kept firm, with small oscillations along the month.

Between January 26th and 30th, the CEPEA/ESALQ Index (Sao Paulo state) for anhydrous averaged 0.8811 real or 0.3830 dollar per liter (excluding taxes), slight increase of 0.5 percent in Real compared to the previous week. For the hydrated, the Index remained stable, at 0.8056 real or 0.3502 dollar per liter (excluding taxes).

Regarding the price parity calculated by Cepea, the sugar remunerated 30 percent more than anhydrous ethanol in the average of January. In relation to the hydrated, the sugar advantage was of 38 percent. (Cepea - Brazil)



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