By Phillip Herring, S&P Global
RIO DE JANEIRO, BRAZIL - Hydrous ethanol prices in Brazil's key Center-South region jumped just over 18 percent over the first 11 days of April to a record high of R$ 2,350/cu m (US$ 604) because of heavy rains in the region.
During the same period, anhydrous ethanol prices have risen 23,5 percent to a record R$ 2,285/cu m during the same period.
"Today I could not get offers for hydrous or anhydrous ethanol in the São Paulo area for immediate withdrawal," one trader stated.
Heavy . . .