S&P Global Platts: Expected U.S. Supply Shortage Exacerbates Ethanol Paper Backwardation
May 19, 2020
May 19, 2020
HOUSTON, Texas, May 19 -- S&P Global Platts, a subsidiary of S&P Global, issued the following news:
An expected shortage in US ethanol markets created the steepest backwardation between front and- second-month Chicago ethanol swaps in nearly six months Monday, according to S&P Global Platts data.
Platts assessed the front-month June Chicago ethanol swap 4.75 cents higher than its July counterpart Monday, the widest gap since the December and January swaps we . . .
An expected shortage in US ethanol markets created the steepest backwardation between front and- second-month Chicago ethanol swaps in nearly six months Monday, according to S&P Global Platts data.
Platts assessed the front-month June Chicago ethanol swap 4.75 cents higher than its July counterpart Monday, the widest gap since the December and January swaps we . . .