Biofuels swaps
Growth industry
In the past two years, interest in both European and US biofuels swaps markets has grown markedly following regulation in the US and Europe incentivising or mandating the increased use of biofuels. This has led to an increase in biofuels production and in turn an increase in demand for hedging products, say market participants.
Volume on the Chicago Mercantile Exchange (CME) ethanol futures benchmark contract has grown over 600% from around 3,000 monthly contracts traded at the start of 2009 to
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