Quintino, Derick David; David, Sergio Adriani - In: Energy Economics 40 (2013) C, pp. 927-935
Brazil's first ethanol futures contract, which was implemented in 2000, failed to offer sufficient liquidity to attract … market agents. The purpose of this study is to determine whether the new ethanol futures contracts launched by BMF-BOVESPA in … BMF-BOVESPA ethanol futures contracts meets the most requirements for viability. Nevertheless, the ethanol distribution …