DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Apr 19, 2013 04:06 PM CDT

Ethanol futures continue to gain support following strong moves through most of the week. Traders focused on the reduced ethanol stocks and falling production levels last week. This has allowed for additional support to hold through the ethanol market. May ethanol futures posted a 2.8-cent-per-gallon gain on Friday, closing at the weekly high of $2.488 a gallon. The rally in the corn market of 7 cents, helped to minimize losses seen on Thursday.

RBOB gasoline futures posted light gains on Friday following firmness stepping back into the energy complex in general. Traders are focusing on the recent tumble in most ...

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