T2 ethanol prices slip to 10-month low as beet sugar market deregulates

In the Netherlands, with the deregulation of the European sugarbeet industry, T2 ethanol prices have fallen to a 10-month low in expectation that more ethanol will soon be available on the market as the beet harvest kicks into gear. With lower prices expected in October, buyers stayed on the sidelines during the last week of September as they waited for new supplies. Crush margins for wheat and corn fell in line with the lower ethanol prices.