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U.S. ethanol prices gained about 7% in the week ending April 15, with Midwest rack, FOB Houston and FOB Santos quotes all higher. MTBE and BTX aromatic prices also moved up in early trading.
Stronger ethanol values improve plant margins and support corn and DDGS demand from ethanol production, though the price move is routine.
grains.orgApr 20, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
