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US ethanol inventories fell 620,000 barrels to 18.62 million barrels, the lowest since October 2015, while production rose to 1.02 million barrels per day. Chicago January ethanol futures faded to $1.458 per gallon after an initial rally.
Tighter ethanol stocks and healthy production margins support ethanol output and corn grind, though the rally faded on expectations of seasonal stock rebuilding.
vinachem.com.vnNov 17, 2016Not 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.
