Ethanol strengthened against gasoline on speculation that demand for the biofuel is outstripping supply.
Ethanol weakened against gasoline a fourth day after a U.S. government report showed a glut of the biofuel in storage.
Ethanol strengthened against gasoline for the first time in almost two weeks after the Obama administration reaffirmed the nation’s renewable fuel standards and as plant shutdowns reduced output to record levels.
Ethanol strengthened against gasoline on speculation that plant closings and lower output will help alleviate a glut.
Ethanol futures advanced in Chicago on speculation losses will prompt producers to idle output.
Ethanol’s discount to gasoline narrowed to the lowest level in more than two weeks on speculation that higher corn prices will curtail supply and on optimism for increased demand.
Ethanol strengthened against gasoline as supplies fell and rising corn prices signaled higher production costs.
Ethanol futures fell for the first time in six days, snapping their longest streak of gains since July, on that concern the rally will attract imports.
Ethanol futures in Chicago climbed to the highest price in a week on speculation that plant shutdowns will help soak up a supply glut.
Ethanol fell for a second day in Chicago after supplies of the fuel grew and as its discount to gasoline narrowed.
"It's lack of production and drawing stockpiles."
- Ian Jackson on Apr 19, 2013