Argentine ethanol producers see tighter margins

摘要

Buenos Aires-Argentina’s ethanol producers face tighter profit margins after the govern- ment capped price fluctuations at 5%, an industry spokesman said Tuesday. The Energy Secretariat this week is due to announce the prices oil refiners must pay for supplies in October, likely at 6 pesos ($0.71) per liter for corn ethanol and 7.10 for sugar- cane ethanol, said Claudio Molina, executive director of the Argentine Association of Biofu- els and Hydrogen.