NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Apr 3, 2013 04:40 PM CDT

Ethanol futures posted strong gains despite a slight build in ethanol inventory levels and growing production. The ability for corn futures to close higher after losing nearly $1 per bushel over the last several trading sessions has sparked additional interest in the ethanol market. May ethanol futures posted a 5.3-cent-per-gallon rally, closing at $2.412 a gallon. Other nearby contracts posted gains of 4 to 5 cents per gallon as traders are still focusing on supply levels lower than this time last year. This could keep buyers focusing on narrowing the price spread between ethanol and RBOB gasoline in order to ...

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