# Brazil North-Northeast anhydrous ethanol follows price collapse in Center-South

> Brazil's North-Northeast anhydrous ethanol spot prices fell 450 reais per cubic meter, or 11.55%, in the week ended May 19. The decline followed a 12.72% cut in Petrobras ex-refinery gasoline prices on May 17 and a drop in Center-South ethanol prices. Market participants use Petrobras gasoline pricing as a discount reference for ethanol.

- Date: 2023-05-22 · published 2023-05-22T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/5978-brazil-north-northeast-anhydrous-ethanol-follows-price-collapse-in-center-south
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Petrobras gasoline price cuts pull down the value of ethanol in Brazil, which can reduce demand for corn and sugar-based ethanol feedstocks and weaken the link to the broader fuel market. The effect on animal-feed commodities is limited, so the impact is modest.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-10-22 | [Brazil fertilizer prices diverge in Q4 as StoneX sees firm nitrogen, stable potash - Fertilizer Daily](https://feedsoft.ai/events/676-brazil-fertilizer-prices-diverge-in-q4-as-stonex-sees-firm-nitrogen-stable.md) | 0.0% | — |
| DAP | 2021-12-13 | [The Complex Truth About Fertilizer Prices - The Fertilizer Institute](https://feedsoft.ai/events/43506-the-complex-truth-about-fertilizer-prices-the-fertilizer-institute.md) | 0.0% | -2.8% |
| DAP | 2025-10-21 | [China Suspended Fertiliser Exports: India Faces Price Rise Before Rabi Season](https://feedsoft.ai/events/9555-china-suspended-fertiliser-exports-india-faces-price-rise-before-rabi-season.md) | +0.0% | -4.1% |
| DAP | 2024-05-03 | [Decline in Chinese DAP Prices During April 2024 After Loosening Export Sanction](https://feedsoft.ai/events/30605-decline-in-chinese-dap-prices-during-april-2024-after-loosening-export-sanction.md) | +4.1% | +8.2% |
| DAP | 2026-04-30 | [New bill in the U.S. Senate aims to lower price of phosphate fertilizers \| Farm Office](https://feedsoft.ai/events/20048-new-bill-in-the-u-s-senate-aims-to-lower-price-of-phosphate-fertilizers-farm.md) | +4.8% | +7.3% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/052223-brazil-north-northeast-anhydrous-ethanol-follows-price-collapse-in-center-south

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.