JPMorgan sees Brazilian ethanol prospects improving

September 18, 2012 |

In Brazil, JPMorgan expects ethanol to take on a more positive note as the government looks to possible raise gasoline prices in an effort to help stem Petrobras’ enormous losses following 20% discounting on imports. JPMorgan says that if gas prices were at parity globally, then ethanol prices would rise in its wake.

Category: Fuels

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