European ethanol prices set to firm on reduced Brazilian exports

Vanessa Ronsisvalle

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European ethanol prices set to firm on reduced Brazilian exports

机译：欧洲乙醇价格因巴西出口减少而坚挺

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London - European ethanol prices are poised to strengthen on falling Brazilian imports during the January-April inter-crop season. "From January-April the price of ethanol will increase here in Europe. Brazil will not have that much product. Some producers are holding back product now in the hope of higher prices but overall supply will be limited," said a major Brazilian ethanol producer.

机译：伦敦-在1月至4月的农作物间种植季节期间，欧洲乙醇价格有望因巴西进口量下降而增强。巴西一家主要的乙醇生产商说：“从一月到四月，欧洲的乙醇价格将上涨。巴西将不会有那么多产品。一些生产商现在为了提高价格而暂时停产产品，但总体供应将受到限制。” 。

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《Platts Petrochemical Report》 |2008年第49期|共1页
作者
Vanessa Ronsisvalle;
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1. European ethanol prices set to firm on reduced Brazilian exports [J] . Vanessa Ronsisvalle Platts Petrochemical Report . 2008,第49期

机译：欧洲乙醇价格因巴西出口减少而坚挺
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机译：原油价格和燃料乙醇公司利润
5. Organizational Boundaries, Transfer Prices and Export Prices of International Firms---Theories and Firm-Level Evidence. [D] . Ma, Xiangjun. 2012

机译：国际公司的组织边界，转移价格和出口价格---理论和企业水平的证据。
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7. Pyramidal groups, in Italy and elsewhere, represent a model of separation of ownership and control. Pyramids typically have blockholders which extract private benefits of control at the expenses of minority shareholder. This paper focuses on the Italian case where the number of pyramids is reducing but are still largely diffused. Groups are a form of entrenchment and may have negative effects on firm growth. They are characterized by conflicts of interest and self-dealing practices which reduced external financing opportunities. In this paper legal regulation of groups in Italy is discussed, which has positive aspects (art. 2497 ss. c.c.) but some weaknesses on self-dealing practices (artt. 2391 and 2391-bis c.c.). Future reforms should take into consideration the guidelines given at European level (for instance, by the High Level Group of Company Law Experts and the European Commission), which have been set aside from the political agendas of mostly European governments. Moreover, we suggest to strengthen the process of (not only formal) disclosure of relevant information to the company shareholders’ as well, in order not to dismantle pyramids, but to make them “shorter” (when that is the case), more transparent and reciprocally competitive. [O] . Giacomo Bosi, Sandro Trento 100

机译：在意大利和其他地方的金字塔群体代表了所有权和控制权分离的模式。金字塔通常拥有大股东，以小股东的利益为代价提取控制权的私人利益。本文重点关注意大利案例，其中金字塔的数量在减少，但仍然在很大程度上分散。群体是一种壕沟形式，可能对企业的成长产生负面影响。它们的特点是利益冲突和自我交易做法，减少了外部融资机会。在本文中，讨论了意大利群体的法律规定，它具有积极的方面（第2497条，c.c。），但在自我交易实践方面存在一些弱点（第2391条和第2391条之二）。未来的改革应该考虑到欧洲层面的指导方针（例如，公司法专家和欧洲委员会的高级别小组），这些指导方针已被搁置在主要是欧洲政府的政治议程之外。此外，我们建议加强（不仅正式）向公司股东披露相关信息的过程，以便不拆除金字塔，而是使它们“更短”（在这种情况下），更透明并且相互竞争。
8. Brazil Country Set (1992): Top Imports/Exports for Brazil. [R] . 1992

机译：巴西国家集（1992年）：巴西的主要进口/出口。

European ethanol prices set to firm on reduced Brazilian exports

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