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US ethanol exports contracted in March 2020 to 139.9 million gallons, down 28% from February, though sales were consistent with year-ago volumes. Brazil, Canada and India, the top three customers, trimmed purchases, and India's volumes fell 59% from a February record.
Global sales of US distillers grains (DDGS) were reported as firm.
Lower ethanol export pull reduces demand for US ethanol and co-products, and the COVID-19 slowdown is expected to keep 2020 exports well below the annualized pace, a modest bearish signal for DDGS and corn demand from ethanol plants.
历史可比事件尚不足,暂无法给出历史解读。
在过去 683 次看跌的贸易事件之后,玉米 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -1.7% 至 +1.6%),20 个交易日内为 +0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。