CBOT ethanol stirs to life amid volatile crude oil

Newswire

By Sam Nelson CHICAGO, Nov 18 (Reuters) - Trading in ethanol futures at the Chicago Board of Trade is gathering pace amid the spike in crude oil prices and as demand for cheaper fuels sparks a building spree of ethanol plants, trade sources said. Launched with fanfare in March, the corn-based CBOT ethanol contract soon sputtered to near inactivity, but has begun showing renewed signs of life. "The biggest participant has been from the production side of the contract," said ethanol ...

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