-
Brazil's Imports Of U.S. Corn Ethanol Surge (CORN, FUE)
Saturday, May 7, 2011 - 2:58pm | 260Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...
-
Empire Manufacturing Comes In Better Than Expected, 17.5 Versus 17.0
Tuesday, March 15, 2011 - 8:31am | 54March Empire State Manufacturing Index was just released, and it came in better than expected. Economists expected a reading of 17, and it came in at 17.5. Import Prices for February came in at 1.4%, versus expectations of 0.9%. Last month was revised to 1.3% from 1.5% Export prices came in at...
-
China Cutting Rare Earth Exports By 11%
Tuesday, December 28, 2010 - 9:10am | 212In its first round of permits for the new year, China has cut rare earth export quotas by 11%. Bloomberg reports that this could worsen a global shortage of minerals that are needed for a wide range of items, including smartphones, hybrid cars and guided missiles. The Ministry of Commerce says that...