Ethanol futures soar as stocks sink to record lows

March 20, 2014 |

In Illinois, ethanol futures for April delivery soared 6% to a seven-month high on Tuesday at $2.72 a gallon after ethanol stocks fell to a record low.  The contract with May delivery rose to $2.495 a gallon. US inventories are down 17.5% on the year at 15.28 million barrels while East Coast stocks are at a record low of 4.5 million barrels.

Category: Fuels

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