21 September 2010 15:36 [Source: ICIS news]
CEPEA assessed anhydrous ethanol at Brazilian reais (R) 1.0435/litre ($2.28/gal), up by 4.0% from R1.0030/litre in the week ended 10 September.
Hydrous ethanol was assessed at R0.8709/litre, up by 2.3% from R0.8514/litre in the previous week, the research group said.
Brazil blends anhydrous ethanol in gasoline at a mandated 25%, while hydrous ethanol is used as a stand-alone fuel.
CEPEA prices are ex-tank and do not include taxes.
($1 = R1.73)
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