DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Apr 30, 2013 04:58 PM CDT

Ethanol futures closed mixed in a moderate trading range with spillover buyer support trickling into May futures following the sharp rally Monday in both the corn and ethanol markets. May ethanol futures were able to post a 1.1-cent-per-gallon bounce, closing at $2.582 a gallon. Other nearby contracts slipped moderately lower following the pressure in the corn market Tuesday. Prices fell 0.5 to 1.6 cents per gallon lower. The price spreads between front-month May and other nearby contracts continues to widen as traders are focusing on the potential for sufficient supplies once the summer demand subsides.

RBOB gasoline futures slipped lower ...

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