The price of ethanol is falling, but gasoline remains more profitable in Brazil
The country’s drivers were very happy with the announced news Petrobras last week. a the company reduced the price of gasoline by 12.6%. sold to distributors and the cost of diesel by 12.8%. In short, the price reduction took place on May 17, and drivers are already enjoying more affordable fuel prices. By the way, the expectation of falling prices ethanol hydrated was done. Although Petrobras has only lowered the prices of gasoline and diesel, ethanol has also become cheaper in the country because there is no price regulation at…
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