ATR Tech / ANHYDROUS AND HYDROUS ETHANOL
ANHYDROUS AND HYDROUS ETHANOL

Ethanol prices: the number matters, but context decides.

Following ethanol requires separating product, market location, stage of the value chain, frequency and its relationship with gasoline, sugar and FX.

Anhydrous and hydrous ethanol are different readings

Hydrous ethanol is sold directly to flex-fuel vehicle users. Anhydrous ethanol is part of the gasoline blend. This difference changes demand, price formation, logistics and economic comparison. Any dashboard should therefore identify product, unit, location and commercial stage clearly.

What influences ethanol prices

  • crop pace and sugarcane availability;
  • industrial mix between sugar and ethanol;
  • gasoline prices and taxation;
  • regional demand and inventories;
  • logistics costs and distance from producing regions;
  • FX and the attractiveness of sugar exports.

How to interpret gasoline parity

The relationship between consumer prices helps evaluate economic competitiveness, but it should not be treated as a universal rule. Vehicle efficiency, taxes, region and driver behavior change the outcome. Parity is a market signal, not an automatic individual recommendation.

Frequency and source

ANP provides weekly surveys and historical price series by geographic coverage. CEPEA follows market references at specific stages of the chain. Comparisons are valid only when product, location and period are compatible.

Before comparing: confirm whether the value represents producer, distributor or retail level and whether it is expressed per liter or cubic meter.

Official sources and references

Check methodology and updates directly at the source:

Frequently asked questions

What is the difference between anhydrous and hydrous ethanol?

Hydrous ethanol is sold directly to flex-fuel vehicle users; anhydrous ethanol is blended into gasoline.

Why do prices vary between Brazilian states?

Taxes, logistics, regional production, competition and distribution and retail margins influence local prices.

Is gasoline parity always sufficient?

No. It is a useful indicator, but vehicle efficiency and local conditions also matter.