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Non-Tech : The Brazil Board

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To: Elroy Jetson who wrote (2055)	3/2/2022 1:46:29 AM
From: elmatador	of 2504

Ethanol sales soar Brazil as drivers turn to the biofuel, a trend that could be enhanced by Russia's invasion of Ukraine, as the conflict will likely raise gasoline prices. Not only sales are soaring. Prices are higher! European ethanol prices hit two-month high as Russia invades Ukraine The S&P Global Platts European ethanol benchmark touched a two-month high at Eur1,060.25/cubic meter Feb. 24, up 14% from Feb. 23, as the Russian invasion of Ukraine spiked prices across commodity markets. https://www.spglobal.com/commodity-insights/en/market-insights/latest-news/agriculture/022422-european-ethanol-prices-hit-two-month-high-as-russia-invades-ukraine

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