# Ethanol rally stalls, despite green light from US data :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> 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.

- Date: 2016-11-17 · published 2016-11-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73851-ethanol-rally-stalls-despite-green-light-from-us-data-content-tap-oan-hoa-chat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter ethanol stocks and healthy production margins support ethanol output and corn grind, though the rally faded on expectations of seasonal stock rebuilding.

## Read by commodity

- CORN: neutral

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/ethanol-rally-stalls-despite-green-light-from-us-data.html

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