Liquidity in ethanol market evaporates as players wait to see which way prices will go
Category: Fuels
In Illinois, liquidity in the ethanol market has evaporated as traders wait on the sidelines to see where the mood goes, in what one trader described as the slowest day he’d ever seen. Prices rose following the Energy Information Agency’s weekly report that showed the impacts of seasonal maintenance on production volumes, perhaps leaving the market to take a breather after two days of rising prices, but a lack of sellers may indicate further bullish moves in the market.
Category: Fuels