Brazil Sets Record for Ethanol Consumption
Source: By John Davis, Biofuels Digest • Posted: Friday, August 28, 2015
The national demand for light fuels increased 3.4% compared with July 2014 and 2.75% as compared to the previous month (June / 2015). Meanwhile, C gasoline consumption increased only 2.3% between June and July 2015.
According to UNICA Technical Director, Antonio de Padua Rodrigues, this continued expansion of biofuel consumption reflects the competitive price of the renewable front of its fossil competitor, gasoline.
“In many states, the price parity between hydrous ethanol and gasoline follows at levels lower than the technical ratio of 70% of vehicle efficiency. I draw attention to São Paulo, where the parity stood at around 62% and Mato Grosso with 60%, “noted Rodrigues.