Fri May 29, 2015 11:16 AM CDT A strong pullback in ethanol inventories led buyers to quickly move back into the market Thursday afternoon. EIA reports posted strong inventory losses at the end of last week, which is not surprising since it was going into the holiday weekend, but is leading some to expect continued strong demand through the coming weeks.
Wed May 27, 2015 05:16 PM CDT RBOB gasoline prices have posted aggressive losses over the last four trading sessions as all of the buildup in the market seen in front of the Memorial Day holiday weekend has left apathy through the market. Traders continue to focus on longer-term summer driving activity.
Wed May 20, 2015 03:00 PM CDT Aggressive ethanol production redeveloped through the industry and placed more focus on the growth of inventory heading into the holiday weekend. This surge in production overshadowed demand support and quickly led to market price erosion.
Fri May 15, 2015 04:13 PM CDT The discount ethanol markets are holding to the RBOB gasoline market have slipped lower over the last two weeks as tighter supplies and expected demand growth is helping to draw buyers back into the ethanol complex.
Thu May 14, 2015 05:09 PM CDT Continued support is developing through the ethanol futures market during mid-May. This has pushed prices to short-term highs, and is creating the expectation that additional gains will develop over the coming days.