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Pacific Ethanol, Inc. Message Board

  • elahens@gmail.com elahens Oct 25, 2013 3:18 PM Flag

    Cash corn cheaper than CME NEXT-CONTRACT CORN.

    Corn Cash index at 4.18,
    Dec Corn 4.40

    Ethanol spot price in California in the $2.10-2.20 range.

    Great margins!

    Sorghum and surplus-sugar adds to margins
    Corn Oil adds to profits.
    Lower cost of feedstock(corn, milo, supgar) DECREASES need for line of credit.
    4Q is shaping up OK.

    By the way, ethanol is $.60c/liter in Brazil ($2.30-$2.4/gallon) Do not expect much imports into CA market.

    Time to announce Madera is opening up.

    Sentiment: Strong Buy

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    • Ethanol spot price in California in the $2.10-2.20 range.
      By the way, ethanol is $.60c/liter in Brazil ($2.30-$2.4/gallon) Do not expect much imports into CA market.

      Pacific Ethanol Could Export to Brazil for a Nice Profit

      • 2 Replies to misskellyfitz
      • I think a start of Madera has a very high priority in Pacific Ethanol.

        When I do margin calculations in Madera plant with 15% sugar 85% corn with the current margin environment and 40 million gallons Madera ethanol, I think Madera is 1 priority - it would be in my universe - that is really good earnings.

        It is EPA determines when Madera will be started.

        If EPA announces a satisfactory RFS2 mandate, I think NK in the same moment taking the decision to start Madera - that is my opinion.

        I do not know how long it will take, from making a decision, and then to a start of Madera may be reality, but I imagine 3-4 months in preparation in addition to the preparations have been made already. But perhaps that is wrong?

        stock `

      • I love it when you put lipstick on this pig!

        Sentiment: Strong Sell

    • Looks like YOU'RE the only one that knows that.......because this PIG is dropping EVERYDAY.......!

 
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