30 April 2008 23:21 [Source: ICIS news]
HOUSTON (ICIS news)--Brazil’s hydrous ethanol prices were up by nearly 6% this week, as heavy rainfall continued to stall the restart of centre-south mills, market sources said on Wednesday.
Spot hydrous ethanol traded as high as Brazilian reais (R) 910/cubic metre (m³) on Wednesday, up by R50/m³ from a week earlier, according to global chemical market intelligence service ICIS pricing.
Little change in the weather was expected for the remainder of the week, and prices were likely to stay at present levels, one buyer said.
Centre-south ethanol mills operate from April to November, the months that coincide with the sugarcane harvest in the south of
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