Market Prices of Ethanol

Domestic price of Brazilian ethanol is regulated by the government since the cre­ation of PROALCOOL. For this reason, domestic price is stable along the time (Fig. 4).

In Brazil, the prices of ethanol show relative stability despite the instability of prices in petroleum international market. This fact is due to economic policy in Brazil, especially the price policy, that is regulated by the government.

image018

Price for consumer Price for distributor

Fig. 4 Trend of ethanol price in Brazil: consumer prices and distributor in US$/liter (Jan 2002 to Nov 2012). Source ANP (2012). Note The original data were transformed from R$ to US$ through monthly exchange rate