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)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections