Ethanol in Bolivia is up to 26.7% more expensive than in Brazil

The Bolivian state oil corporation (YPFB) pays to sugar mills in the country up to 26.7% more for ethanol than the market price in Brazil. Sugar mills are paid $US0.71 cents per litre while in Brazil the price is $US0.52 cents.

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Source: Página Siete

Categories:Business, Economy