Ethanol Blog

Forecast for Stock Draw Lends Support for Ethanol Prices

Spot ethanol prices were flat to higher in a thinly-traded session Thursday, boosted by market expectations federal data would show a draw from U.S. ethanol inventories occurred last week.

Trade sources said the price upside for ethanol was curbed by a decline in corn futures. Ethanol inventory data will be released Friday morning by the Energy Information Administration.

George Orwel can be reached at george.orwel@telventdtn.com.

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]

Comments

To comment, please Log In or Join our Community .