Brazil ethanol spot prices mixed after slow week

17 November 2009 14:07  [Source: ICIS news]

HOUSTON (ICIS news)--Brazil’s ethanol spot prices were mixed in the week ended 13 November after a slow week in the spot market, research group CEPEA said on Tuesday.

CEPEA assessed hydrous ethanol at Brazilian reais (R) 0.9523/litre ($2.10/gal) last week, up by 0.6% from R0.9469/litre in the week ended 6 November.

Anhydrous ethanol was assessed at R1.1109/litre, a 1.0% drop from R1.1216/litre a week earlier.

CEPEA’s price assessments are ex-tank and do not include taxes.

($1 = R1.71)

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By: William Lemos
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