The Energy Business Review is reporting that the first commodities index on biofuel has been launched. The index, which publishes on ten commodities related to biodiesel and ethanol production, is published in U.S. dollars, European Union euros, Swiss francs, and the Japanese yen. Diapason Commodities Management and USB, a Swiss investment bank, jointly launched the index which USB maintains is "...a new dimension to the liquid commodities indices and can serve as a suitable basis for a variety of structured financial products. Its launch means that investors will, for the very first time, have access to an efficient and liquid investment instrument that gives them exposure to the market performance of alternative fuels."

[Source: Energy Business Review]

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