Europe fuel ethanol falls again as uncertainty reigns

摘要

LONDON (ICIS)--European fuel ethanol prices fell to a 14-month low in the week to Wednesday as ample domestic production combines with uncertainty about the outcome of a court case regarding EU antidumping duties on the US. Spot T2 prices were assessed at ?450-461/cbm on a free on board (FOB) Rotterdam basis for the weekly range, down ?8/cbm on the low and up ?1/cbm on the high end. Prices initially recovered slightly from levels last week, pushing up the high end of this range, but subsequently fell which brought the overall range down.