Market News 
02.19.08
Scientists Dispute Biofuels Study
Scientists at the US Department of Energy have disputed a widely reported study ...
02.18.08
In China, prices on selected food items have soared by 60%, prompting concern th...
02.15.08
Petrobras to Build Biodiesel "Superplant"
In Brazil, Petrobras says it will build a 193 Mgy "superplant" for biodiesel pro...
02.14.08
Malaysia Proposes $103 Billion Renewable Energy Plan
In Malaysia, the national government has proposed a $103 billion "Sarawak Corrid...
02.13.08
Agri Energy Fails To Get Financing
Melbourne-based biofuel development company Agri Energy halted trading in its sh...
02.12.08
Ethanol Closer to Unified Global Trading
In Brazil, representatives of Unica, the Sao Paulo-based sugar cane industry ass...
02.11.08
Bulgaria Attracts Biodiesel Investment
Spanish group Coener Systems plans to build a $90 million biodiesel plant near P...
02.08.08
First Waste Wood Cellulosic Ethanol Plant In US Is Operational
KL Process Design Group (KL) has announced its cellulosic ethanol plant is opera...
02.07.08
Natural Fuels Australia Ceases Biodiesel Production
Natural Fuels Australia, which operates the $48 million biodiesel plant in East ...
02.01.08
Iowa Biofuel Industry Leads Nation
Iowa's ethanol and biodiesel industries added $12.7 billion last year into the s...
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
05.15.08
A report by Credit Suisse suggests that reversing US ethanol policy, including subsidies, won't return grain prices to lower levels and would cause gasoline prices to move higher.
The report notes that corn has energy value and the market is willing to value it on that basis. The US government may decide to slow increases in the nation’s biofuel mandate, but elimination is unlikely, the analysts said. Credit Suisse also sees ethanol prices heading closer to wholesale gasoline prices as increased blending infrastructure comes on line and absorbs the ethanol surplus.
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