# Ethanol: T2 prices continue decline, margins down despite chunky natgas losses

> The spot T2 ethanol price fell to a new multi-year low on Monday, and production margins also declined despite a sharp drop in natural gas costs. The article is a paywalled subscriber note with limited detail.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32671-ethanol-t2-prices-continue-decline-margins-down-despite-chunky-natgas-losses
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower ethanol prices weaken the value of corn-based ethanol co-products and reduce plant economics, which can pressure DDGS prices and corn demand from ethanol.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- qcintel.com: https://www.qcintel.com/biofuels/article/ethanol-t2-prices-continue-decline-margins-down-despite-chunky-natgas-losses-19548.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.