São Paulo has cheapest gasoline and ethanol in Brazil

RIO DE JANEIRO, BRAZIL – The price of a liter of gasoline fell 5.46% at the pumps after reducing the ICMS tax rate. In the first days of July, the average price of a liter of gasoline was R$7.15 (US$1.32).

São Paulo is the state with the cheapest gasoline in Brazil, sold at R$6.36 (US$1.18), down 8.99%. The highest average is still in Piauí (R$7.82).

The data are from the Ticket Log Price Index (IPTL), which compared the average prices between June and the beginning of July. It is a fuel price index based on 21,000 gas stations accredited by Ticket Log.

“The IPTL identified that all Brazilian states registered decreases in gasoline prices at the beginning of the month, ranging from 1.91%, as in the case of Paraíba, to 14.24%, as in the case of Goiás,” said Douglas Pina, Mainstream Director of the Fleet and Mobility Division of Edenred Brazil.

ETHANOL

The most significant reduction for ethanol was identified at gas stations in Mato Grosso (10.72%), which went from R$5.03 to R$4.49. However, just as for gasoline, the lowest average for ethanol was found at São Paulo service stations at R$4.36, and the highest liter price was recorded in Pará at R$6.74.

“As in the closing of June, ethanol continues to be the most advantageous option only for drivers in São Paulo, Minas Gerais, Goiás, Mato Grosso, and Mato Grosso do Sul, and now also for those in Piauí and Paraná,” said Pina.

GASOLINE PRICES IN JULY, BY STATE:

• Acre – R$7.445
• Alagoas – R$7.304
• Amapá – R$6.693
• Amazonas – R$7.070
• Bahia – R$7.645
• Ceará – R$7.505
• Espírito Santo – R$7.115
• Federal District – R$6.797
• Goiás – R$6.491
• Maranhão – R$7.337
• Mato Grosso – R$7.038
• Mato Grosso do Sul – R$6.971
• Minas Gerais – R$7.341
• Pará – R$7.542
• Paraíba – R$7.131
• Paraná – R$6.728
• Pernambuco – R$7.199
• Piauí – R$7.824
• Rio de Janeiro – R$7.375
• Rio Grande do Norte – R$7.411
• Rio Grande do Sul – R$6.697
• Rondônia – R$7.254
• Roraima – R$7.227
• Santa Catarina – R$6.606
• São Paulo – R$6.364
• Sergipe – R$7.540
• Tocantins – R$7.386

ETHANOL PRICES IN JULY, BY STATE:

• Acre – R$6.128
• Alagoas – R$6.130
• Amapá – R$6.500
• Amazonas – R$5.433
• Bahia – R$5.936
• Ceará – R$6.227
• Espirito Santo – R$5.735
• Federal District – R$5.738
• Goiás – R$4.447
• Maranhão – R$6.316
• Mato Grosso – R$4.490
• Mato Grosso do Sul – R$5.125
• Minas Gerais – R$4.971
• Pará – R$6.744
• Paraíba – R$5.645
• Paraná – R$4.960
• Pernambuco – R$5.999
• Piauí – R$5.570
• Rio de Janeiro – R$5.679
• Rio Grande do Norte – R$6.355
• Rio Grande do Sul – R$6.277
• Rondônia – R$6.071
• Roraima – R$6.360
• Santa Catarina – R$6.078
• São Paulo – R$4.362
• Sergipe – R$6.466
• Tocantins – R$5.928

With information from InfoMoney