Brazilian ethanol traders brace for two-way volatility

Whether it is another move up or a dive down, Brazilian ethanol traders are bracing for a rough ride, after oil benchmark volatility, constant speculation over a potential price cut for gasoline by state-controlled Petrobras and sugarcane harvesting developments across the country’s main production regions sparked a month of roller-coaster prices for the biofuel in September. In Brazil, consumers with…Whether it is another move up or a dive down, Brazilian ethanol traders are bracing for a rough ride, after oil benchmark volatility, constant speculation over a potential price cut for gasoline by state-controlled Petrobras and sugarcane harvesting developments across the country’s main production regions sparked a month of roller-coaster prices for the biofuel in September. In Brazil, consumers with…Read More