Very interesting article. If price drops way further on oil, it indeed makes you wonder how it will be on ethanol.
Price is depending on what the market is willing to pay for it. But will there be a limit to that?
Will ethanol demand not stay at a certain level, even when oil would be cheaper due to EPA rules and the demand from other countries?
Can it be so that there will be a moment that the demand for ethanol will keep the price above a certain level, or is that just wishful thinking?
Price is depending on what the market is willing to pay for it. But will there be a limit to that?
Will ethanol demand not stay at a certain level, even when oil would be cheaper due to EPA rules and the demand from other countries?
Can it be so that there will be a moment that the demand for ethanol will keep the price above a certain level, or is that just wishful thinking?
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