Ethanol Blog

Tuesday 01/22/13

Spot Ethanol Prices Climb on Expected Production Decline

Spot ethanol prices traded higher Tuesday, extending gains partly on the back of a forecast that U.S. ethanol production for the week-ended Jan. 18 decreased.

"Reduced production from last week's EIA report," said one broker in explaining the advance. "The market is strong overall," added another broker.

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

Posted at 2:02PM CST 01/22/13
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