Brazil ethanol rule change may spark futures market

摘要

Sao Paulo-Brazil's decision to allow ethanol producers to sell their output to traders and other producers-ending a requirement that domestic output be sold directly to a handful of fuels distributors-will enliven a moribund futures market and increase producers' bargaining power, ethanol company officials and traders said September 2.The decision was announced September 1 by Brazil's petroleum and biofuels regulator, the ANR.