China Growth Stocks

[Brennus]

Some data for those following CCGY

From the CBI.L interim report:

With the turn in the market, the average selling price has improved materially from the lowest point in December 2008.
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As the selling price fell by 41 per cent. to RMB 3,942 per ton (2008: RMB 6,671 per ton), revenue fell to RMB 59.19 million (2008: RMB 89.5 million). Meanwhile average feedstock price fell to RMB 2,918 per ton (2008: RMB 5,197 per ton).

That's within about 1.5% of the ASP that CCGY reported for their biodiesel. And almost exactly the ASP that GU reported.