Ethanol increased 0.04 USD/GAL or 2.47% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Ethanol reached an all time high of 4.33 in June of 2006.
Ethanol is expected to trade at 1.70 USD/GAL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.81 in 12 months time.