In November, Brazilian ethanol market moved at a better pace, due to the higher demand. According to the Cepea, the volume traded of hydrated increased 90.3 percent compared to November last year; for anhydrous, the raise was of 9.7 percent.
Domestic prices, in turn, moved up expressively in the last month. The CEPEA/ESALQ Index (Sao Paulo state) for anhydrous upped 22.3 percent over October, averaging 0.71609 real or 0.40457 dollar per liter (excluding taxes). The hydrated increased 19.3 percent, to 0.79290 real or 0.44796 dollar per liter (excluding taxes).