High supply boosts volume traded in May, but prices drop

Cepea, June 3, 2025 – Sales of hydrous ethanol increased in May in the spot market of São Paulo state, especially in the first fortnight of the month, when purchasers replenished inventories after trades closed for Mother’s Day.   Data from Cepea indicate that the volume of hydrous ethanol sold by mills in São Paulo in May was 21% higher than in April. However, compared to May/24, the amount dropped 22

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