The average price for gas sits at $5 nationwide ... You look at the wholesale terminals where the fuel is blended and ethanol today is selling for about $2.80 a gallon. That compares to gasoline ...
Since certain types of spirits are made from rice or its by-products, a lower rice price can reduce raw material costs, ...
“Just in the recent third quarter, we saw a healthy summer demand and a favorable ratio of ethanol price to corn and natural gas,” says Kenneth Scott Zuckerberg, CoBank lead economist for farm ...
Globus Spirits surged 17.53% after the Indian government eased norms for rice supply to ethanol distilleries. The cost of rice is a major determinant of ethanol production costs. Lower input costs ...
Brazil's ethanol supply tightened significantly in the first quarter of 2011, following the end of the sugarcane harvest last December. Ethanol prices are not expected to drop until mid-May, when ...
Officials acknowledge that there has been no takers for broken rice allocated for ethanol manufacturers because of higher prices fixed by ... market sale of rice for bulk buyers from FCI stocks ...