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Forum - Pacific Ethanol - PEIX   

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From: nwar (Rep: 3) reply to RichJrDate: 02/18/2013 20:42
Forum: Pacific Ethanol - Msg #3691Thread #673502799 (Rec: 1)
The news today are related to the cost to produce that ethanol, not it's selling price. Use of lower cost sorghum instead of corn. Also, local production of that sorghum reduces transportation costs. Also, use of sorghum makes PEIX an advanced Biofuel producer and can get some incentives. Re: Today's news is fairly insignificant IMO, as the overriding tone of ethanol's...

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Reply to RichJr - Msg #2351760 - 02/18/2013 17:52

Today's news is fairly insignificant IMO, as the overriding tone of ethanol's future is still the primary influence on PEIX price.....additionally, we all know that price movements in BIOF currently rule from day to day

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