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Lower hydrous ethanol prices don’t translate to more Brazilians at the pump

December 23, 2014 |

In Brazil, hydrous ethanol prices have slipped slightly but that hasn’t translated into higher sales at the pump because oil prices have also fallen. Last week, ethanol was 66.2% of the price of gasoline, while the previous week it was nearly 66%. As ethanol becomes more competitive against gasoline when it is lower than 70% the price of gas, prices should be driving demand.

 

Category: Fuels

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