Cepea, April 3, 2024 – The demand for hydrous ethanol increased in the last months of the 2023/24 season in São Paulo state, due to the advantage of the biofuel at gas stations. In spite of that, average prices for both hydrous and anhydrous ethanol in the 2023/24 season (from April/23 to March/24) were still below those observed in previous crops, in real terms – IPG-M March.
Between April last year and March/24, the CEPEA/ESALQ Index for hydrous ethanol averaged BRL 2
