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Progressive Fuels Limited (PFL) is an independent interdealer broker specializing in the wholesale physical and financial over-the-counter biofuels markets.
PFL offers clients discreet, competitive, and efficient price discovery and brokerage services in the rapidly expanding ethanol and biodiesel markets. Our clients include producers, oil companies, gasoline blenders, energy marketers, banks, hedge funds, and distributors.
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The ethanol and biodiesel markets are expanding rapidly and trading more actively.
The biofuel market's growth has been driven by government mandates and public support for greater energy security and more environmentally conscious fuel alternatives. Increasingly higher oil and gas prices underscore the need for North American energy independence. As a renewable energy resource, biofuels offer both reduced dependency on foreign oil and lower carbon emissions.
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| Product |
Month |
Price |
Change |
 |
| Ethanol |
Apr 10 |
1.615
|
-0.019
|
 |
 |
| RBOB |
Apr 10 |
2.26
|
-0.029
|
 |
 |
| Heating Oil |
Apr 10 |
2.09
|
-0.016
|
 |
 |
| Crude Oil |
Apr 10 |
81.49
|
-0.38
|
 |
 |
| Natural Gas |
Apr 10 |
4.516
|
-0.011
|
 |
 |
| Corn |
Mar 10 |
358.75
|
-5.75
|
 |
 |
| Wheat |
Mar 10 |
478.5
|
-6
|
 |
 |
| Soybeans |
May 10 |
947.5
|
-0.5
|
 |
 |
| **as of closing 3/9/2010 |
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