Brazil govt, millers set for ethanol price talks

Newswire

SAO PAULO, Brazil, Feb 17 (Reuters) - The Brazilian government is likely to seek talks with ethanol producers on ways to contain escalating prices, an agriculture ministry official said on Friday. Ethanol prices rose this week above the 1.05 reais per liter price cap agreed by producers and the government in January, according to the Center for Advanced Studies in Applied Economy (Cepea/Esalq). Prices have soared due to strong demand from flex-fuel motorists seeking cheaper fuel after ...

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