Alto Ingredients Inc (ALTO)

[martinm]

The maintenance will temporarely lead to a short in ethanol and probably to a limited increase in ethanolprices, however it will not recover the situation on the long run.
The whole industrie is down at this moment.
I can't understand the announcement from NK during the last investor meeting (2 weeks ago), that the decrease of ethanolprices is temporarely. How did he formed his view on development of prices for the future? I presume he has a total overview about production and supply of ethanol for the coming period.
He is counting on the approval up to E15 and E85 before end of year. I think also that he is expecting an increase in quotum of ethanol.
In my opinion is that counting on a weak basis. I don't think the markets recover fast from current situation, despite this new standards. A steady energymarket and controlled production is needed to get support in the market and possibly leads to higher shareprices.