26 March 2007 23:07 [Source: ICIS news]
HOUSTON (ICIS news)--Brazil’s futures exchange (BM&F) said on Monday it would launch an ethanol contract quoted in US dollars to meet growing interest for the Brazilian product by foreign investors.
The new contract will debut on 24 April pending regulatory approvals, a BM&F spokesperson said during a telephone interview.
The contract will use the ?xml:namespace>
BM&F’s current ethanol contract (
($1 = R2.08)
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