04 January 2011 14:43 [Source: ICIS news]
CEPEA assessed hydrous ethanol at Brazilian reais (R) 1.1082/litre ($2.54/gal), up by 1.6% from R1.0908/litre in the week ended 24 December.
Anhydrous ethanol was assessed at R1.2259/litre, rising by 0.7% from R1.2179/litre in the previous week.
Brazil blends anhydrous in gasoline at a mandated 25%, while hydrous ethanol is used as a stand-alone in flexible-fuel vehicles (FFVs), competing directly against gasoline.
CEPEA prices are ex-tank and do not include taxes.
($1 = R1.65)
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