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Commentary

LDK: $69.8MM Loan from China Development Bank

Established in 2005 in China, LDK Solar Co., Ltd. (NYSE: LDK) is a leading producer of solar wafers in terms of capacity and a leading high-purity polysilicon and solar module manufacturer. LDK manufactures and markets multicrystalline and monocrystalline wafers to manufacturers of solar cells and modules. Company’s headquarters and manufacturing facilities are located in Hi-Tech Industrial …Read More

Ethanol Strengthened Against Gasoline May Spur Demand

Ethanol strengthened against gasoline on speculation the biofuel’s discount will spur increased blending. The grain-based additive was 58.33 cents cheaper than gasoline, based on February futures for both commodities. That compares with 60.07 cents yesterday. Mike Blackford, a consultant at INTL FCStone in Des Moines, Iowa, said: That blend spread has gotten out there I’ve …Read More