01 February 2011 21:43 [Source: ICIS news]
CEPEA assessed hydrous ethanol at Brazilian reais (R) 1.1118/litre ($2.52/gal), up by 0.4% from R1.1075/litre in the week ended 21 January.
Anhydrous ethanol was assessed at R1.2342/litre, up by 0.5% from R1.2278/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 against gasoline.
CEPEA prices are ex-tank and do not include taxes.
($1 = R1.67)
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