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Re: researcher59 post# 27948

Friday, 12/12/2014 2:02:06 PM

Friday, December 12, 2014 2:02:06 PM

Post# of 30377
Interesting. The same publication put out a similar article in October when ethanol prices were at $1.45. They said there would be no rebound or firming of price for at least a year. They also said prices would not rise above the $1.50 in 2014 and would slowly drift down from there. They were proven wrong within 2 weeks. And Chen Lin definitely disagrees based on his recent interview. He thinks low gas prices ultimately lead to higher ethanol prices and profitability.
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