U.S. ethanol markets showed a clear late-April upward price inclination, supported by tightening weekly balances, strong export recovery, and policy-driven demand optimism, even as broader inventories remained elevated and production trends were mixed.
Ethanol聽prices finished April higher after a volatile month in which early gains were driven by policy support, followed by mid-month weakness and a late-month rebound. The EPA鈥檚 finalized **** Renewable Fuel Standard (RFS) volumes and the approval of an E** waiver initially strengthened blending margin expectations and supported demand sentiment.
However, rising regional stocks and softer refiner-blender uptake temporarily pressured the market before late-April export strength and tightening weekly fundamentals reversed the trend. As a result, benchmark聽ethanol聽prices climbed back toward the USD ***鈥�***/MT range for Ethanol *** FD Houston by month end, compared with earlier levels near USD ***/MT, highlighting intra-month volatility but an overall upward finish.
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