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Americas Asia Ethanol

Surge in Brazilian ethanol prices reflected in the Ulsan market

PRIMA’s B-grade physical index assessment for Thursday soared to 475USD/m3, a gain of 15USD/m3 on the back of the market’s reaction to Brazilian gasoline ex refinery prices being hiked with immediate effect yesterday. Price movements in the Brazilian ethanol market have shifted from concentrating solely on forex movement to supply fundamentals, as domestic demand for…

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