23 November 2010 14:40 [Source: ICIS news]
CEPEA assessed anhydrous ethanol at Brazilian reais (R) 1.1891/litre ($2.62/gal), up by 0.2% from R1.1871/litre a week earlier.
Hydrous ethanol was assessed at R1.0005/litre, up by 0.7% from R0.9936/litre in the previous week.
Brazil uses hydrous ethanol as a stand-alone fuel in flexible-fuel vehicles (FFVs), while anhydrous ethanol is blended in gasoline at a mandated 25%.
CEPEA prices are ex-tank and do not include taxes.
($1 = R1.72)
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