On average, the price per liter of hydrous ethanol fell 1,1% for the producer of São Paulo in the week 8-12 June in the previous period. Were imposed, the mill received R$ 1,2261 by the liter, according to the Indicator Cepea/Esalq.
According to the indicator, calculated by the Center for Studies in Applied Economics (Cepea) of the School of Agriculture Luiz de Queiroz (Esalq), USP, besides the increased of the production with the advancement of the harvest, most of the mills raised offerings due to the need to “do cash”.
According to Cepea, distributors also have greater buying interest, both to attend the SP market as the Northeast, which limited devaluations.
For anhydrous, reveals the indicator, most of the business has been taking place through contracts, which has intensified since May.
The decline in Indicator Cepea/Esalq of anhydrous (state of São Paulo) was limited to 0,5%, closing at R$ 1,3831/liter (excluding taxes) in the period of June 8 to 12.