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09.10.2007 » Pressrelease » Bio Energy
BRAZILIAN ETHANOL FUTURES TRADE DOWN 56% IN 2007
Ethanol futures trade on the Brazilian Mercantile and Futures Exchange (BM&F) is down 56% in 2007 compared to the same period in 2006, a recent study of Ethanol Statistics shows. From January through July, approximately 212,610 cubic metres of ethanol was traded on the exchange, compared to 485,430 cubic metres in 2006.
Because of the harvest season in Brazil’s main production region, the centre-south, the months May through September are historically a strong trading period. The first three months of this period, however, show unpromising results: 3,325 contracts traded, compared to 11,213 in 2006.
Ethanol Statistics provides more background on this story in its exclusive news section. Please click the link below to read the full article.
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