Petrobras raised ex-refinery gasoline and diesel prices by 10 and 15 per cent respectively on 30 April, after leaving prices frozen since September 2005. The modest increase – which takes effect on 2 May – will have no immediate impact on the Brazilian ethanol outlook. This is because the inflation-fearing Lula government has opted to reduce the federal tax on gasoline to keep prices at the pump unchanged. But the ethanol sector’s real future hinges on whether it makes the leap from a...
Sorry, you do not have access to this page because you are not logged in.
If you are not a subscriber or a trialist and you want to discuss how to access our work please:
Trusted Sources helps clients identify investment opportunities in emerging markets, exploit them with greater confidence and stay alert to associated risks.
Learn more about our approach, our team and our research, as well as our media appearances.
