Brazil's hydrous ethanol prices tumble on major switchover to gasoline
Platts 7Apr2011/829 am EDT/1229 GMT
A major shift to gasoline at pumps in Brazil has caused prices for hydrous ethanol to tumble at mills in the country's center-south production region, sources said this week.
Hydrous ethanol, which can be used directly in flex-fuel cars in Brazil, is currently being sold at around Reais 1,600/cubic meter ($995/cu m) ex-mill Ribeirao Preto, in the state of Sao Paulo.
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