US estimated ethanol mar- gin tumbles on supplies

摘要

Houston-The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday plunged 10.37 cents, or 15.9%, to 54.93 cents/gal, nearly an eight-month low, a review of US Depart- ment of Agriculture and Platts data showed. The margin fell for the fifth straight week to the lowest level since the week ended Feb- ruary 7 as ethanol prices tumbled in reaction to bearish supplies data.