|Base contracts for the average||
Unit Cost = the cost calculated for the exchange fee or the variable registration fee for one contract;
= average cost calculated for the exchange fee or the variable registration fee, based on the ADV and the tables below, on a progressive way.
|ADV||Exchange fee (BRL)||Registration fee|
|From||To||Variable component (BRL)||Fixed component (BRL)|
|More than 100||1.26||1.20||0.1166181|
The incentive policies below affect only the exchange fee and the variable registration fee. The fixed registration fee remains the same as described on the table.
|Contract||Reduction factor (λ)||Value per day (p)|
|Anhydrous fuel ethanol||1.00||BRL 0.00277|
For the anhydrous fuel ethanol contracts, the settlement fee charged will be 0.135% over the settlement notional.