Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market

Abstract

The global energy landscape is rapidly changing, including the transition to a low carbon economy and the use of liquid biofuel. The production of liquid biofuel has emerged as an alternative to the use of fossil fuels for purposes of energy conservation, carbon emission mitigation and agricultural development. In this article we study the co-movements between hydrous ethanol and gasoline C in the Brazilian retail market. A multi-scale cross correlation analysis was applied to the Average Retail Margin time series of hydrous ethanol for fifteen relevant retail markets in Brazil to analyze the competitiveness of hydrous ethanol towards gasoline C. The empirical results showed a remarkable different behavior between hydrous ethanol and gasoline C, for any time scale, regardless of geographical distance or regional differences.

Relationship between US and Brazilian ethanol prices: new evidence based on fractal regressions

“…These facts may be linked to the seasonality of the two different raw materials from which ethanol originates: corn and sugar cane, respectively from the USA and Brazil. As highlighted by Murari et al ., 33 sugar cane production has cycles, and harvesting typically occurs in 12 months (52 weeks) or 18 months (80 weeks).…”

Relative Prices of Ethanol-Gasoline in the Major Brazilian Capitals: An Analysis to Support Public Policies

“…The relative prices were calculated by collecting weekly data of gasoline C and hydrated ethanol prices, obtained from the statistical database of the ANP (Brazilian National Agency of Petroleum, Natural Gas and Biofuels) [65], referring to the period from 14 May 2004 to 26 December 2020 for a total of 855 weeks. Table 3 illustrates the criterion for choosing the municipalities, based on [9,58,60], namely cities with more than 500,000 inhabitants, being the state capital and limited to three capitals per region. In this way, we have a representative set covering large capitals and in different regions of the country, which allows a proper diagnosis of local Brazilian specificities.…”

“…It is robust in relation to nonlinearities and nonstationarity [51][52][53][54]. The robustness of the correlation coefficient is verified through its use in several areas, and particularly in energy economics, for example, [55][56][57][58][59][60][61][62][63].…”

Sustainable urban mobility analysis for elderly and disabled people in São Paulo

“…The ρDCCA method has been applied in different fields such as climatological data 76 , economics 77,78 , financial markets [79][80][81][82][83] , health 84 , and environment 76,85 .…”