18 June 2013 17:05 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Brazil's hydrous ethanol business volumes transacted during the week increased by 2.25%, research group CEPEA said on Tuesday.
The increase, for the week ending 14 June, was attributed to a slight uptick in demand and slowed harvest and crush in the region of Ribeirao Preto, CEPEA said.
Hydrous prices were higher for the third consecutive week at Brazilian reais (R) 1.1392/litre ($1.99/gal, €0.39/litre) an increase of 2.25% over the previous week, CEPEA said.
The price does not include taxes or freight, according to the research group.
Anhydrous prices, without taxes or freight included, were at R1.2992/litre, a decrease of 0.77%, according to CEPEA.
($1 = €0.75)
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