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Stockrosen

11/27/14 1:07 PM

#27765 RE: value1008 #27764

I think ethanol prices will go up !!

Oil prices go down, then gas prices go down - then (maybe) increasing gas demand, which cause increasing ethanol use.

http://8.18.161.77/detailedquote/futures/ZKZ14

Latest EIA ethanol figures is with year high ethanol plant
production, but the results is decreasing ethanol inventory.

Blender Inputs in the week = 874,000 barrels per day
Ethanol plant production = 982,000 barrels per day
Inventory 17,072,000 barrels

17,072,000/874,000 = 19,5 days blender use

17,072,000/982,000 = 17,4 days plant production

My guess is, Ethanol Export will decrease ethanol inventory
more next week (just my guess)!! and no ethanol imports.

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