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Tullett Prebon brokers first physical fuel grade ethanol trade

Inter-dealer broker Tullett Prebon’s biofuel desk has completed its first trade in physical fuel grade ethanol.

The biofuel desk, launched in August 2007, also brokers physical parcels of biodiesel encompassing a range of blends and constituent components.

According to Tullett Prebon, the biofuel team is working with major market participants to develop a paper market which will run in conjunction and will price against both biodiesel and ethanol physical quotes.

“The biofuel desk’s success is an exciting

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