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Adams, NE | China imported 33.3 million gallons of ethanol in July. Why in the world would they do that if the ethanol premium (or discount) to gasoline matters? The premium or discount does not matter, therefore they imported this cheap octane. Its all about OCTANE value.
FWIW...the world wide ethanol market does not have the capacity to keep this up at THESE margin levels.
(Chinese ethanol demand.png)
Attachments ---------------- Chinese ethanol demand.png (83KB - 240 downloads)
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