CS hydrous ethanol plunges Real 930/cu m from mid-April highs

Platts assessed hydrous ethanol ex-mill Ribeirão Preto at Real 3,675/cu m May 31, down Real 930/cu m from the most recent high in mid-April and down Real 225/cu m on the week, according to S&P Global Commodity Insights data. Center-South ethanol prices decreased on the week ending May 31 primarily because the Chamber of Deputies approved May 25 that the…