NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Jun 17, 2014 03:45 PM CDT

Ethanol futures slipped lower following moderate pressure across the grain market. Additional buyer support in the gasoline market was not enough to draw buyers back into ethanol contracts on Tuesday. Traders also seem to be expecting additional inventory building in the weekly EIA report which will be released Wednesday morning. July ethanol futures posted a 2.3-cent-per-gallon loss, closing at $2.14 a gallon. Other nearby contracts posted losses of 1.3 to 2.3 cents per gallon with the focus on uncertain ethanol demand growth and potential inventory growth.

RBOB gasoline futures bounced higher Tuesday with additional support developing through the complex. Additional ...

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