DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jul 8, 2013 04:43 PM CDT

Ethanol futures continue to show additional support as traders returned to the market Monday. The renewed support in the corn market has helped to draw additional buyer activity back into the ethanol complex. Nearby contracts increased 2.1 to 2.8 cents per gallon with August futures posting a 2.8-cent-per-gallon rally, closing at $2.42 per gallon. Front-month futures are still holding a sizable premium to deferred futures, which may continue with the focus on short-term needs.

RBOB gasoline futures slipped lower on Monday. The sharp rally seen after the first of the month and leading into the Fourth of July holiday seems ...

Quick View
Related News Stories