Brazil crush resumes, spot market prices slide: CEPEA

16 July 2013 15:14  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Brazil’s harvest and sugarcane crush geared up as weather remained sunny and production resumed, research group CEPEA said on Tuesday.

The resumption of the crush and increased supply offered to the market pushed prices lower over the previous week, CEPEA said.

Hydrous ethanol prices in the week ended 12 July were at Brazilian reais (R) 1.1349/litre ($1.93/gal, €0.39/litre) a decrease of 1.6%, CEPEA said.

Anhydrous prices, without taxes or freight included, were at R1.3123/litre, down by 0.7% over the same period, according to CEPEA.

The price does not include taxes or freight, according to the research group.

($1 = €0.77, $1 = R2.23)


By: Leela Landress
+1 713 525 2653



AddThis Social Bookmark Button

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.

Printer Friendly

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