NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri May 9, 2014 03:11 PM CDT

Ethanol futures have shown signs of market stability Friday as prices were limited to fractional price shifts due to light trade. Nearby contracts posted narrow gains with June futures leading the market higher with a 0.6-cent-per-gallon boost. Front-month futures closed at $2.161 a gallon. July and August contracts posted 0.2-cent-per-gallon gains. This comes after a strong rally through the last half of the week drew buyers back into the market due to tightening ethanol supplies around the country. Pressure in deferred contracts developed, but this had little to do with overall ethanol market fundamentals, and more to do with extremely ...

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