
Brazilian ethanol prices rose 0.5% to an average of R$4.15 per liter during November 1–7, while gasoline prices fell 0.2% to R$6.47 per liter. Ethanol remained price-competitive in ten states and the Federal District, with its price-to-gasoline ratio increasing to 64.1%.
Ethanol’s continued cost advantage over gasoline can support fuel demand and biofuel consumption, while lower gasoline prices may limit that advantage. The small reported price moves point to a modest, localized market effect rather than a major feedstock signal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.