RIO DE JANEIRO, BRAZIL - In March, there was a double-digit increase in the price of fuels most used in automobiles at service stations. According to the Ticket Log Price Index (IPTL), ethanol had a 17.97% increase last month in relation to February, reaching the average price of R$4.599 per liter. Gasoline rose 12.06%, to R$5.717.
The survey conducted in the first half of March found that ethanol had surpassed the R$4.00 mark. By the end of the month, the fuel was found at the highest average price in the South Region . . .