Cepea, July 16, 2021 – Although some distributors have returned operating in the spot market in São Paulo state, the volume of hydrous ethanol marketed between July 5 and 8 was small, keeping the trend observed in weeks before.
In spite of that and despite the higher supply from other states, prices of both hydrous and anhydrous ethanol upped in early July, because sellers were firm. Players from mills were focused on the 6.3% (or 16 cents of Real per liter) increase in the gasoline A price by Petrobras on July 5 and to the possible firm demand after the holiday in SP on July 9.
Between July 5 and 8, the CEPEA/ESALQ Index for hydrous closed at 2.9235 BRL/liter, moving up 3.16% compared to that in the previous week. Concerning anhydrous ethanol, the CEPEA/ESALQ Index rose by 2.79%, to 3.3373 BRL/liter.
Considering the prices of the products from the sugar-energy sector in São Paulofrom July 5 to 8, anhydrous prices were 9.3% higher than that for hydrous, according to Cepea calculation. Sugar prices were 7.7% above that for anhydrous and 17.8% higher than that for hydrous ethanol.
Ethanol exports rose sharply in June. Secex data indicate that 310.3 million liters of ethanol were shipped, higher than the 64.9 million liters registered in May/21, and upping 4.6% in relation to June/20. The revenue obtained with exports totaled 162.6 million dollars.