Texas (USA): The Ethanol market maintained stable prices during the initial week of June. On June xth, Ethanol prices were recorded at USD xxx per metric ton (MT), reflecting a marginal weekly increase of USD x per MT, or x.xx, on a Free on Board (FOB) basis from Texas. This price stability was underpinned by moderate supply and demand dynamics, with Ethanol production averaging x.xxx million barrels per day. This figure represented a decrease from the previous week’s production of x.xxx million barrels per day but showed an overall balanced market environment.
Ethanol supply dynamics were characterized by moderate production levels and stable inventory management. Despite the decline in weekly production, Ethanol stocks rose nearly xx to xx.xxx million barrels, ensuring sufficient supply to meet current demand. The increase in stocks was a critical factor in preventing significant price adjustments, maintaining market equilibrium.
Demand for Ethanol...
