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RIO DE JANEIRO, BRAZIL - Average ethanol prices at service stations dropped in 22 states and the Federal District (DF) in the week ended on Saturday, May 9th, compared to the preceding period, according to a survey by the National Petroleum, Natural Gas and Biofuels Agency (ANP) compiled by AE-Taxas. However, the biofuel price increased in four states.

At the filling stations surveyed by the ANP throughout the country, the average price of ethanol dropped 3.30 percent in the week compared to the preceding week, from R$2.667 to R$2.579 a liter. In relation to the . . .

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