The price of fuel in the country is close to being considered stable

It is not news to any Brazilian that one of the most unstable markets in terms of prices is the gasoline sector. During the COVID-19 pandemic, the value of fuel reached numbers that had not been seen for many years in the country. However, now the situation has been reversed, gasoline is entering its 15th week with its reduced value, according to the National Agency inPetroleum Biofuels and Gas Natural (ANP).

The price average of literit fell from BRL 4.81 to BRL 4.79 in the weekly comparison, fall of 0.4%. Since June, the month in which it reached a value never seen before of R$ 7.39, the price of fuel has already dropped by approximately 35%. You politeelapseof the introductionofroof of 18% of Tax on Circulation of Goods and Services (ICMS) on fuels It is of the fallof the priceof oilin the market International. Considering that Petrobras has not reduced the price of fuel in recent weeks, it can be said that fuel prices are stable in the country.

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Ethanol can also be an advantageous option in parts of the country:

Other product that too he hasintroduced a continuous decline is the ethanol, despite having increased by 0.89% in the previous week. the average price of thebiofuelsin the country,last week, it happened from BRL 3.37 to BRL 3.40 per liter.

Other data show that the value of ethanol has decreased in 12 states and the Federal District, while in another 11 the price has increased. Only two states in the country have kept their prices stable in recent weeks. It is noteworthy that the state of Amapá did not participate in the survey.

The price of ethanol is considered advantageous when its value corresponds to up to 70% of the price of gasoline, according to the calculations that are made. In some Brazilian states, ethanol is certainly paying off, as in Mato Grosso (61.36%), Goiás (67.29%), Paraíba (69.36%) and São Paulo (69.51%).

Stay tuned:

As mentioned earlier, as it is a very unstable market, it is not possible to make long-term predictions for prices that are yet to come. It is important to always be following changes and researching the best fuel prices in your state. But, for now, the news is interesting for the Brazilian consumer.

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